Listing Number: 60373-579904
Description
Established long-term vehicle rental business based in Los Angeles, serving the fast-growing gig-economy, rideshare, and delivery-driver segment. Unlike traditional daily car rental operators, this company focuses exclusively on long-term rentals to income-driven drivers, creating a stable, recurring revenue stream with consistent vehicle utilization.
Key Highlights:
- High Asset Value: Sale includes a well-maintained fleet of 100+ vehicles with a wholesale valuation of ~$800,000.
- Proprietary Tech: Proprietary software system automates ~90% of back-office functions (booking, invoicing, tracking), significantly reducing overhead.
- Proven History: Nearly 10 years of operating history with a loyal, recurring customer base.
- Data-Driven Growth: Internal software provides high-value market intelligence, showing substantial unmet demand. Currently, only ~5% of leads convert due to inventory limitations, providing a clear, de-risked roadmap for fleet expansion.
- Diversified Income: Additional high-margin revenue generated through on-vehicle advertising programs.
Operational Upside:
A new owner can streamline costs, refine fleet strategy, and enhance marketing performance, creating immediate operational upside. With focused management and strategic expansion, the business has a strong path for growth. This is an ideal acquisition for an automotive-focused investor, transportation operator, or buyer seeking a stable, asset-backed business with strong growth potential.
Listing Details
- Price: $1,200,000
- Down Payment: $1,200,000
- Sellers Discretionary Earnings: $120,000
- Total Sales: $717,650
- Location: Los Angeles County, California
- Inventory: $800,000
- FF&E: $0
- Employees: 3
- Year Established: 2015
- Reason for Selling: Retiring
- Category: Rental Business
Contact Agent:
- Jonathan Cheung
- Phone: (310) 765-1658
- Email: [email protected]
