United States

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Listing Id: 1356 Last Refreshed: 07/05/2019 Total Views: 11799

(Expired)Car Rental Company With High Rental Yield For Takeover.

Central AreaCar Rental
Asking Price: S$3,250,000
  • Premise Type N/A Premise Size
  • Monthly Rental S$3,500 Rental Desposit S$7,000***
  • Revenue S$100K - 200K Liability S$300,000***
  • Gross Profit S$20K - 50K Net Profit S$20K - 50K
  • Stock S$2,400,000*** FFE S$80,000***
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff 6
  • Established 2010 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Inlcude in the selling price
Kino Neo

Reason For Sale

owner has needs to venture overseas, unable to oversee local operation.

Description

Car rental company for takeover, huge customer base, minimal marketing required . All vehicle LTA compliant and insured under hire fleet. Offer is non negotiable. training will be provided, applicant will be screened for suitability. 18 month turnover with sizable assets.

Business Operation

10am to 7pm monday to friday
Business Hour
Car rental fleet strength @50 vehicles. ranging from 2006 to 2015 registered class 3 Automatic passenger cars. Current valuation @ $2.4M. Newly setup customised POS, CRM HRM software and inhouse server. CCTV setup.
Facilities
In the market since 2009, with huge customer base. minimal marketing required. 90% occupancy rate guaranteed.
Competition
3 months training
Support and Training
knowledge in vehicle related trades.
Background & Skills

Property Information

Rent
Premise Status
1
Lease Term

Supporting Document

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