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Vehicle Rental Company Seeking Loan in Laurel, USA

Car rental company in the new age way of renting seeks funding; immediate ROI.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 126 thousand
Run Rate Sales USD 168 thousand
EBITDA Margin 40 %
Industries Vehicle Rental
Locations  Laurel
Local Time 5:31 AM America / Nipigon
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 80 thousand for 8.5% annual interest, 4 years (Native Currency: USD 80,000)
Reason: Seeking funds to expand the business with more vehicles.
Collateral Available: USD 0
Includes physical assets worth USD 30 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Rental Reviews
Intro
Daily Deposits
Business Overview
- A car rental company based in Laurel, specializing in providing reliable and well-maintained vehicles.
- Strategically located in the DMV (District of Columbia, Maryland, Virginia) area, catering to a high demand for rental services and ensuring a consistent client base.
- Offers services through popular platforms such as Turo and Getaround, enhancing visibility and accessibility for potential renters.
- Recognized as an All-Star Host on Turo, ensuring premium placement in search results and increased booking likelihood.
- Focused on B2C (business-to-consumer) engagement, primarily serving individual users in need of short-term vehicle rentals.
- Provides rental options with a minimum duration of just one day.
- Competitive pricing model charging customers on a per-day basis, with 10-30 rentals per month.
- The owner is the only permanent employee, the rest of the maintenance staff are on contractual.
- Key highlight - Investor/lender will start the agreed scheduled recoupment 45 days after the loan and/or investment and will be consistent.
Products & Services Overview
Car rental services: Offers reliable and well-maintained vehicles for short-term rentals.
Offers both offline and online booking through 3rd party vehicle rental apps like Turo and Getaround.
Assets Overview
All the vehicles owned are tangible assets.
Facilities Overview
Operating from a rented facility in central Laurel.
We have a lot conveniently parked close to BWI. Not only is is convenient, it is safe and a great location to rent wherever you are.
Capitalization Overview
Self funded.
Single owner. No additional shareholders.
Having a small line of credit.
Recent Activity
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2 Investors already contacted this Business. 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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