Vehicle Rental Company Seeking Loan in Davao City, Philippines
Established | 5-10 year(s) |
Employees | 5 - 10 |
Legal Entity | S Corporation |
Reported Sales | USD 187 thousand |
Run Rate Sales | USD 187 thousand |
EBITDA Margin | 40 % |
Industries | Vehicle Rental |
Locations | Davao City |
Local Time | 12:23 PM Asia / Manila |
Listed By | Business Owner / Director |
Status | Active |
- VP brings over 30 years of marketing experience and extensive expertise in internet marketing.
- Currently servicing an average of 14 bookings per day with 22 cars available at the Davao location.
- Providing a full-service and honest rental experience that clients trust, with a customer retention rate above 95%.
- All legitimate Google reviews are 5-star (94 reviews to date).
- 100% paperless booking and delivery process, ensuring a fast and efficient experience that customers appreciate.
- Largest privately-owned car rental company in Davao City.
- PhilGeps registered, qualifying for Philippine government contracts.
- Fully licensed, incorporated, and compliant with all business regulations, including business plates, fire licenses, and BIR registration.
- More details about the go-to-market strategy will be provided to potential investors, with certain aspects kept confidential for competitive reasons.
- The most rented vehicles are typically sedans, popular for business trips and day outings. SUVs, MPVs, and vans are also in high demand for their larger capacity, catering to families and groups.
- Our customers include tourists, families, and hotels.
2 vans, 2 pickups, 4 SUVs and the rest are cars.
Rent per month is PHP 33K.
The company has five shareholders, as required for a corporation in the Philippines. The ownership structure is as follows:
- 57% Filipino owner.
- 40% foreign owner.
- Three Filipino owners, each holding 1%
The majority of owners are married.
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Earlier than 15 daysM&A - Partner, M&A - Private Equity, Miami, Individual Investor / Buyer connected with the Business