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Mega Car Leasing Business For Sale
Location: United States -> New York -> New York City Area -> Queens County
Industry: Business Services > Equipment Rental and Leasing




Business Summary

One of the largest companies in the TLC leasing market is for sale. The company owns and leases out over 350 cars. This is a car rental company-not a livery service. All vehicles (not Town Cars-mixed fleet including Pruis) are well maintained and have very high lease rates. Very well run and adheres to all TLC rules and regulations. Two locations make this business well positioned to grow to even a larger market share, especially with new pending changes in the TLC rules. Very low overhead with strong margins. Proven profits year after year. Seller will finance a portion for a qualified buyer. Only serious inquiries! All parties must fill out the attached confidential agreement prior to contacting our office

Facilities: Two facilities; competition: one of the leaders in the industry.

Growth/Expansion:
Can expand by adding more services.

Financing:
Subject to serious

Support/Training:
Staff willing to remain. Seller willing to train.


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $6,250,000
Cash Flow:   $1,250,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2002
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Staff willing to remain. Seller willing to train.
Reason For Selling:  Long term owner is retiring.




Print Listing Id: 700156757
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Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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