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Vehicle Rental Company Investment Opportunity in Windhoek, Namibia

Leading adventure vehicle and motorcycle rental provider catering to worldwide travellers with tailored touring experiences.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 180 thousand
Run Rate Sales USD 356 thousand
EBITDA Margin 3 %
Industries Vehicle Rental
Locations  Windhoek
Local Time 6:38 PM Africa / Windhoek
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 510 thousand for 49.0% stake (Native Currency: NAD 9,000,000)
Reason: Buyout shareholder, refinance fleet, expand into neighbouring country, extend fleet, and cover OPEX.
Includes physical assets worth USD 190 thousand
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Business Name
Not disclosed
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Business Overview
• Vehicle and motorcycle rental agency serving both local and international travellers in Namibia.
• Fleet includes fully equipped 4x4 vehicles, SUVs, and adventure tour motorcycles.
• First rental agency in Namibia to acquire motorcycles specifically for adventure rentals.
• Client base includes international tourists, tour operators, local businesses, and adventure travel companies.
• Achieved higher turnover than 2023, with an estimated sales pipeline of NAD 5 million for the upcoming season.
• Maintains strong relationships with travel partners locally and internationally, with growing enquiry volumes.
• Offers a personalised service approach, accommodating special requests to enhance client experience.
• Provides an optional travel driver service for the comfort and safety of international travellers.
Products & Services Overview
Adventure-ready vehicle and motorcycle rentals for international tourists, tour operators, and local travel companies seeking customised travel experiences in Namibia.
Assets Overview
Tangible assets: Vehicle equipment, camping equipment, office equipment and motorcycles.
Facilities Overview
We operate from an office with a dedicated storage facility for equipment. Motorcycles are securely parked in an enclosed, covered area at a separate location.
Capitalization Overview
The business was launched with an initial startup capital of NAD 2 million, which was partially allocated to equipment purchases and cash flow. Due to the late arrival of the fleet, we missed the high season 2 years ago.
The business has two shareholders holding 45% and 55% equity, respectively.
The fleet is financed through an operating rental arrangement, enabling us to benefit from VAT refunds, with no deposit required. The remaining rental term is 8 months.
- Key financials:
- Trade payables: NAD 927k.
- VAT refund receivable: NAD 353k.
- Shareholders’ loan: NAD 2.9 million.
Recent Activity
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1 Investor contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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