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Independently Owned Car Rental Company
Location: United States -> Massachusetts -> Hampden
Industry: Auto Related > Auto Rental




Business Summary

Great location and Great opportunity with MGM Springfield, a multinational, publicly traded Fortune 500 company, with extensive experience in gaming and entertainment opening soon and just minutes away from our location. MGM Springfield and its amenities have been intentionally designed to complement and support local businesses attracting millions of new visitors annually. Our established Car Rental Company has potential for substantial growth with an existing solid customer base and servicing many local businesses. This well established independently owned and operated car rental business was Incorporated in 2004 providing rentals to surrounding businesses, insurance replacements, in addition to local and out of state leisure rentals for 14 years. Approximate average yearly gross revenue of 180k and EBITDA cash flow of 140k. Currently running a 20 car fleet of used older model vehicles.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $180,000
Cash Flow:   $140,000
Cash Flow Type:  EBITDA
Inventory:  $100,000
Seller Financing:  No

About The Business

Year Established:  2004
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned

About The Sale

Management Training and Support:  Willing to support and train for a smooth transition.
Reason For Selling:  Pursuing other interests including used car sales and real estate. Also to allow more time to assist our two young adult children with their business goals.




Print Listing Id: 700315761
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Related Searches: Auto Dealers  >  Auto Parts Retail and Distribution  >  Auto Rental  >  Auto Repair  >  Car Wash  >  Gas Station  >  Other Auto Related  > 

Also See: Franchise Opportunities > Franchise Resales > Massachusetts Businesses For Sale > Massachusetts Franchises For Sale > Massachusetts Business Brokers



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