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Listing ID: 3843 Last Refreshed: 07/05/2019 20600 Views

Car Rental Business Located @ Central Area With Passive Income 20K Monthly Onwards!

Asking Price <span class='currency'>S$</span>500,000
Central Area Car Rental Businesses Automotive and Vehicle Businesses
Look For Partner

Overview

Financial Performance

Monthly Figures
Revenue
S$20K - 50K
Gross Profit
S$50K - 100K
Net Profit
S$20K - 50K
Monthly Rentalt
S$2,800

Operations & Ownership

Staff
2 Employee
Year of Incorporation
2014
Owner Role
Full Time

Property Information

Premise Status
Rent
Rental Deposit
S$5,600
Premises Details User-entered information
central office with 3 mrt

Operations & Growth

Information provided by the seller

Reason For Sale

Partner leaving

Description

Profitable car rental business catering to Grab/Uber and short term leasing.

With ready fleet of 40 vehicles, ALL are on longterm contract.

Monthly turnover is average $60k, profift margin depends on your (overheads - minimum 10k) (call 8 1 1 8 - 8 7 4 6)


Full setup of Website, Facebook & Carousell.

Also inhouse dealer account with reputable Authorsied dealer.


Facilities

40 cars

Competition

nil

Expansion Potential

govt is endorsing PHV and soon taxis will be obsolete and the market is all PHVs

Buyer Support & Terms

Information provided by the seller

Support and Training

guidance on rates and prices of cars and leasing terms

Seller Financing

Yes, seller financing is available.
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