Vehicle Rental Business Investment Opportunities in Montego Bay

The company is a long-established car rental business operating for 35 years in the bustling location of Montego Bay, Jamaica. - It boasts a fleet of reliable, top-performing Toyota models, renowned for their durability and efficiency, catering to tourists and locals alike. - Rental services operate on a per-day charge, providing flexibility for short-term and long-term customers. - On average, the business handles around 100 bookings each month, showcasing its steady demand and operational strength. - With last year's total sales hitting $1 million and an EBITDA margin of 20%, the company maintains a healthy profit margin and indicates solid financial performance. - The business has 7 permanent employees and hires additional temporary staff for vehicle maintenance to ensure high service standards. - The investment is required to expand the fleet and meet growing demand, which outstrips current supply capabilities, underscoring potential for significant business growth. - The business owner frequently travels between Jamaica and the USA for business purposes; however, day-to-day operations and management are effectively handled in Jamaica. - Business has a Certificate of Incorporation.