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Asking Price$750,000
Revenue$2,100,000 Established2008
Cash Flow$210,000 Employees12 full, 3 part
FF&E$21,000* FranchiseYes
Inventory$200,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Major Price Reduction!! Founded in February of 2008 to take advantage of opportunities in the California daily car rental market. We are currently running a fleet of between 225 to 300 units. A year ago, we were running approximately 180 units with revenues of over $2 million annually. With our current fleet we project revenues of over $2.7 million for year ending 2017. We have the marketing base to grow to $ 5 million in revenues however our reason for selling is that we do not have the financing to grow to our potential. Our objective now is to demonstrate to a new owner, with the proper financial strength, the opportunity of propelling the company into a prominent market position. There is room to grow and expand in other areas of San Diego and Southern California. Adjusted Net shown is coming from the seller and has not been verified by the broker.

Though the sale of our company is an asset only sale, thus eliminating any potential trailing liabilities, it is good to note that the legal form of our company is an (S) Corporation. Our corporation is using locally popular DBA's and globally syndicated affiliations for maximum exposure to markets. We chose the Corporation form because it availed us of risk limitations and tax protections best suited for the car rental-industry.

Our headquarters are in San Diego, California. We are established near the Lindbergh Field Airport to best accommodate our customers, with shuttle services going to the airport hourly.

Real Estate Number: 01239761
Facilities:Great facilities, with office, area for washing vehicles, service counter, airport shuttle service
Competition:Some competition but it is used to our advantage when companies refer out to us when overbooked
Growth Potential:There is room to grow and expand in other areas of San Diego and Southern California.
Training/Support:Seller has agreed to train for four weeks
Sale Reason:Personal Reasons
Ad #94926
Seller Reference #SDCOAST001-N384
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Contact This Seller
Hal Janke, Pres.,CBI, FIBBA
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