Businesses For Sale in SingaporeSingapore

Listing ID: 3843
Total Viewed: 4861
Last Refreshed: 19/09/2018

Car Rental Business Located @ Central Area With Passive Income 20K Monthly Onwards!

Central Area

Asking Price : SGD500,000

Revenue: SGD20K - 50K

Cash Flow: SGD20K - 50K

Payable: Not Disclosed

Established: 2014

Gross Profit: SGD50K - 100K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD20K - 50K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 2

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average

***NOT included in asking price

Reason To Sell
Partner leaving
Business Description

Profitable car rental business catering to Grab/Uber and short term leasing.

With ready fleet of 40 vehicles, ALL are on longterm contract.

Monthly turnover is average $60k, profift margin depends on your (overheads - minimum 10k) (call 8 1 1 8 - 8 7 4 6)


Full setup of Website, Facebook & Carousell.

Also inhouse dealer account with reputable Authorsied dealer.


Business Operations
Business Hour:
mon to fri 10am - 6pm
Supporting and Training:
guidance on rates and prices of cars and leasing terms
Staff:
2 Local
Property Information
Premise Status:
Rent
Premise Size:
500sqm
Rental Fee:
SGD2,800
Rental Deposit:
SGD5,600 (NOT included in selling price)
Lease Term:
1 year
Premises Detai:
central office with 3 mrt
Relocatable:
Yes, it can relocate to other place
Other Information
Facilities:
40 cars
Competition:
nil
Expansion Potential:
govt is endorsing PHV and soon taxis will be obsolete and the market is all PHVs
Seller Financing Available:
Yes

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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