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Debt Free Car Rental Business for Sale with Fleet of 32 Cars

Debt Free Car Rental Business for Sale with Fleet of 32 Cars

  • BXB Listing ID :

    25444
  • Type :

    Buy Business
  • Business Type:

    Business
  • Business Name:

  • Country:

    United Arab Emirates
  • State:

    Dubai
  • Area:

    Other/Not Disclosed
  • Asking Price:

    1,000,000 AED
  • No of Employees:

  • Year Established:

    2018
  • Annual Revenue:

    1,400,000 AED
  • Trade Licence:

    Mainland
  • Total Net Assets:

  • Real Estate:

    Leased by the Business
  • Reason for Sale:

  • Market fundamentals:

    United Arab Emirates car rental was valued at USD 885.83 million in 2021 and expected to surpass a net valuation of USD 1,729.80 million by 2027 end, registering a solid CAGR growth of 11.8% during the forecast period. Significant growth in the population of individuals traveling for business and leisure travel is driving demand for car rental services.
  • Information on staff:

  • Information on transition to New Owner:

    Support will be provided during the transition period.

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*Reputable car rental business with fleet of 32 cars- all fully paid off. *Experienced team runs the business with minimal intervention by the owner and fleet can be doubled under the same capacity. *Full SOPS, streamlined processes, financial control procedures and own mobile application *Established strategic partnerships and great growth opportunities

Daily, weekly, monthly, annual vehicle rentals, sales of used vehicles, multiple vendor aggregation services and chauffeur services.

The business has multiple opportunities for growth through operating adjustments which will increase earnings by an estimated 10-15%.

Business Overview

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