Profit Making Car Rental Company For Sell

www.GlobalBX.com

Listing ID: 700359194

Listing Title: Profit Making Car Rental Company For Sell

Quick Link: http://www.globalbx.com/listing.asp?bId=359194

Industry: Auto Related

Industry Segment: Auto Rental

Country: United States

State / Province: California

Area Southern California - All Southern California

City: Costa Mesa

Asking Price Range: $500K - $1.0M

Gross Revenues: $150,000

Cash Flow: $120,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1983

Number of Employees: 1 - 3

Business Description:
A A Car Rental in Costa Mesa, California has been a commercial icon in the city of Costa Mesa and the surrounding cities of Orange County, California since 1983. The business is located just 5 minutes from Newport Beach, 15 minutes to John Wayne Airport, and 20 minutes to Disneyland. The owner has a fleet inventory of over 20 cars, an SUV, Vans, and a limousine. The business also features a teen drivers training simulator which can be purchased as an optional item. The owner has a long term lease that is renewable at at comparably low, fixed monthly rate. AA Car Rental has been featured in several different newspaper articles throughout the years for there outreach to the ''under 25 year old'' car renting public and community charity work. The owner occupies a unique niche in the car rental business in Orange County, California. Ninety percent of his clients are under 25 years of age, and he provides a needed service that other car rental agencies in Orange County do not offer. The company has three websites and a prominent street sign valued at $15,000 dollars. The business is family owned with a potential of franchising. The current owner will train the incoming new owner/investor in the daily operations of the business from his many years of experience. Since 1983 the owner has consistently generated a significant net income. The owner is currently working part time and desires to retire. LIST PRICE $649,000 Larry Hilliard DRE#01959745 Mel Wilson and Assoc. 951-816-8906



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