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#Business ID: 34474

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Urgent Sale! Debt Free Profitable Car Rental Business in Dubai For Sale

Business Location: Dubai, United Arab Emirates

Asking Price: $ 4,355,993 Revenue: $ 1,796,847 Cash Flow: $ 1m to 5m

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

This well established car rental business has been operating for more than 21 years. They have a fleet of 300 cars which are totally paid up in range of makes and models to cater for the wide range of market demographics they serve. The business has remained profitable by virtue of operating as a cash rather than a credit business. They have a good marketing strategy that enables them to operate at 90% efficiency on the cars. The business sale includes a database of 9000 customers. The buyer will get an efficiently run business and will benefit from the years of experience from the owner. Cash profits of 1.2 Million USD per year. The company also obtained a chauffeur license which is included in above price.

Reasons to buy:-
* Well established Business with great reputation
* Assets worth 2.2 Million USD
* Pay Back Period in 23 months
* High Return on Investment
* All cars are paid up and debt free
* Well run business
* Clean Bank Record
* Makes and models of vehicles to cater to various demographics
* Proven marketing strategy
* Cash business so no problems with credit
* Audited Accounts available

Leasehold Rent: $12,500 (USD) per annum

Please contact us for more details.

Property Details

Size:

700 Sq. Ft.

Years Established:

21 years

Property Type:

Lease

FF&E:

$ 10,000

Inventory Value:

$ 2,200,000

Other Business Details

Business Location:

Business Bay

Competition:

Operating In Highly Competitive Environment

Expansion Potential:

100 cars per year

Business Operation Details

Employees:

19

Trading Hours:

10 am - 8 pm Saturday to Thursday

Support & Training:

One of the staff has been trained to run the day to day activities of the business which will mean a seamless transition.

Relocatable:

Business Relocatable

Miscellaneous Details

Reason For Selling:

Owner Migrating

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