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Vehicle Rental Company Investment Opportunity in Zanzibar Town, Tanzania

Redefining the car rental experience with diverse fleets, cutting-edge technology, and eco-friendly practices.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 130 thousand
Run Rate Sales USD 144 thousand
EBITDA Margin 35 %
Industries Vehicle Rental
Locations  Zanzibar Town
Local Time 7:52 PM Africa / Dar es Salaam
Listed By Management Member
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 700 thousand for 15.0% stake (Native Currency: USD 700,000)
Reason: Funds utilization breakdown: - Fleet acquisition and diversification: $630,000 allocated for acquir... View More
Includes physical assets worth USD 100 thousand
Interested to connect with advisors
Documents
Business Overview

- Served over 5,000 customers since establishment, demonstrating a strong market presence and high customer satisfaction.

- Revenue model: Operates on a robust revenue model driven by rental bookings, offering a diverse range of vehicles catering to various customer preferences. Additional services such as chauffeur-driven options, long-term rentals, and upselling of amenities contribute to revenue generation.

- Promoter experience: Founded by individuals with over a decade of experience in the car rental business, benefiting from extensive industry expertise and leadership, contributing to its success and growth trajectory.

- Business relationships: Forged strong partnerships with local entities such as hotels, travel agencies, and tourism boards, expanding reach and enhancing visibility, leading to increased bookings and customer acquisition.

- Awards and recognition: Recognized for excellence and innovation in the car rental industry, validating commitment to outstanding service, customer satisfaction, and sustainable practices.

- Operational structure: With a dedicated team, leverages a strong reputation in the local market to capitalize on growing demand for reliable transportation solutions.

- Customer focus: Experienced team committed to delivering exceptional customer service, resulting in a loyal client base attracted to convenient and flexible transportation options.

- Marketing channels and booking trends: Reaches diverse customer base through various channels, including website, Google Ads, and partnerships with third-party booking platforms. Booking trends indicate steady demand with variations between low and high seasons, constrained by vehicle availability.

- Overall, highlights underscore a strong market presence, customer-centric approach, and commitment to excellence, establishing as a leading player in the car rental industry.

- Company has a valid tax and business registration certificate.

Products & Services Overview

- Car rentals: Offering various classes of vehicles including economy, standard, premium, SUVs, and off-road vehicles, catering to tourists, business travelers, and local residents for short or long-term mobility needs. Booking options available online or at the office for convenience.

- Chauffeur-driven services: Providing professional chauffeurs for customers preferring a convenient and comfortable travel experience, popular among tourists and business travelers seeking to relax during their journey.

- Long-term rentals: Understanding the needs of customers requiring vehicles for extended periods, offering flexible and cost-effective long-term rental options for individuals or businesses with prolonged transportation requirements.

- Additional services: Enhancing the customer experience with complimentary baby seats, car cleaning tools, GPS navigation systems, Wi-Fi hotspots, and extended insurance coverage options.

- Customer base:

- Tourists: Leisure travelers and adventurers visiting Zanzibar rely on the company for transportation during their stay on the island.

- Business travelers: Professionals attending meetings, conferences, or corporate events in Zanzibar prefer the flexibility and convenience of the rental services.

- Local residents: Catering to the transportation needs of local residents with short-term rentals for daily commutes or long-term rentals for personal or business use.

Assets Overview

10 cars.

3 computers.

3 smartphones.

Office equipment.

Facilities Overview

We utilize a network of strategically located parking lots and rental hubs across Zanzibar to manage our vehicle fleet efficiently. These parking lots serve as our operational base for vehicle maintenance, cleaning, and storage. We have secured long-term rental agreements for these facilities to ensure stability and continuity in our operations.

Capitalization Overview

Currently the company is solely owned by one individual, with no outstanding debts or loans. As a privately owned entity, there are no shareholders other than the owner, who holds 100% ownership of the business.

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This transaction has concluded. View similar business opportunities on SMERGERS
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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