Car Rental Company (+-50 Cars)

ABOUT THIS BUSINESS: Step into a well-established car hire company in a picturesque South African coastal town, famous for its warm climate, beautiful beaches, and historical sites. This business comes with a fleet of 50 vehicles, all under permanent contracts, ensuring a steady income stream. The vehicles are well-maintained, and the operation is streamlined for efficiency, making it an excellent plug-and-play for new owners.
HISTORY: Running since 2021.
AVERAGE MONTHLY TURNOVER : R180,000
AVERAGE MONTHLY PROFIT (EBIT): +-R150,000
RETURN ON INVESTMENT (ROI): 27%
ASSET VALUE: +-R4,3m
REASON FOR SELLING: New ventures
SCALABILITY: This business is extremely scalable and have ample room for growth and expansion.
TRANSACTION: Cash sale only.
SELLING: R6,5m (0% VAT)