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#Business ID: 18475

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Profitable Niche Auto Rental Company

Business Location: Los Angeles, California, United States

Asking Price: $ 4,600,000 Revenue: $ 3,963,862 Cash Flow: $ 1,891,433

Business Summary

Consistently High Profit Car Rental Company serves lucrative niche market of travelers coming to Southern California. Most of their clients arrive from overseas. The company accommodates and is sensitive to the culture that it serves in such ways as hand washing cars inside and out for extra cleanliness, providing smoking and non-smoking cars and stellar customer service in the native languages. The business model has proved very enduring and would be a very scalable to other major cities if the new owner desired. Revenues include the car rentals and, of course, the highly profitable rental car insurance which is highly subscribed to by foreign travelers driving in Southern California. The company has a home office and 2 satellite locations. Cars are maintained in meticulous condition for its scrutinizing customer market. The high maintenance standard contributes to above average resale value when time to sell the cars during normal rotation. With a fleet of approximately 270 vehicles the company is able to maintain excellent buying and selling position while guaranteeing availability to its customers. The partnership that owns the company has concluded that it must sell due to reconcilable issues between the two partners. This is a great opportunity to profit from and grow a very established company with national and international scalability. For more information, please call Roger Civalleri at 310-384-5665 with Listing ID 3552.

Property Details

Property Type:

Lease

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