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Auto Rental Franchise Resale - Growing Community
Location: United States -> North Carolina
Industry: Auto Related > Auto Rental

Business Summary

Semi-absentee car rental/dealer in rapid growth resort community

Established for nearly 30 years in rapidly growing community that enjoys year-round resort/golf tourism. Explosive revenue growth with +11% in 2020 and +21% in 2021. The leased location is on a hard corner with busy street frontage. With very little marketing or advertising, this well-known rental franchise continues to struggle to meet demand. Daily manager allows the new owner to choose their own schedule.

Included in the sale price is the rental fleet valued at approximately $528,000.00. High utilization, annual contracts, limited competition, and excess parking availability means a buyer should consider adding additional vehicles.

UPSIDE: The location is large enough for the rental fleet along with putting out cars for sale. Some sales happen during the normal course of rental operations, but this is an underutilized profit center.

This is an excellent business to acquire as a seasoned entrepreneur looking for established revenues and/or someone new to the industry looking for the support and training from a franchise system.


Asking Price Range:  $500K - $1.0M
Gross Revenues:   $480,740
Cash Flow:   $228,193
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $593,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1993
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  family

Print Listing Id: 700375730
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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 > North Carolina Businesses For Sale > North Carolina Franchises For Sale > North Carolina Business Brokers

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