Independent Profitable Car Rental Company

profitable car rental company for sale in greater vancouver

Business Details

Company Profile

Listing ID: VANCOBC002-N484

Location: Metro Vancouver, B.C.

Type of Entity: Corporation

NAICS: 532111

Industry: Passenger Car Rental

Business Highlights

  • Substantial growth and profitability
  • Independent non-franchise
  • Adaptable to market demand
  • Superior margins
  • Minimal staffing requirements
  • Good location

This independent car rental company in the Greater Vancouver Area enjoys substantial growth and profitability since inception. The company has strong competitive advantages in terms of autonomy, fleet ownership, and flexibility to satisfy customer demand efficiency. It is poised for new ownership to capitalize on the company’s strong financial position and the anticipated growth in the BC tourism indurstry.

This is an opportunity for an individual buyer with industry experience to acquire and grow organically; or an industry buyer seeking a strategic or synergistic acquisition to add scalability and potential multi-location replicability.

Type of Sale: Share Sale

Operational Balance Sheet Inclusive of: Furnitures, Fixtures, & Equipment, Goodwill, and Normal Net Working Capital

Normal Net Working Capital: $120,000

Vehicle Inventory Black Book Value: $405,000

BUSINESS ASKING PRICE

$1,300,000

Normalized Financial Summary

YEARREVENUESSDEEBITDA
2019 (Projected) $950,000 $472,000 $382,000
2018 $1,107,000 $589,000 $499,000
2017 $893,000 $497,000 $425,000
*EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortization
**SDE: Seller’s Discretionary Earnings
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Greater Vancouver, British Columbia