Singapore  Singapore

Sell a Business

Listing ID: 1356 Last Refreshed: 07/05/2019 Total Views: 11029

Car Rental Company With High Rental Yield For Takeover.

Central Area

Asking Price: S$3,250,000
Car Rental Company With High Rental Yield For Takeover.
  • Premise Type N/A Premise Size 600sqft
  • Monthly Rental S$3,500 Rental Desposit S$7,000***
  • Revenue S$100K - 200K Cash Flow S$200K - 500K
  • Gross Profit S$20K - 50K Net Profit S$20K - 50K
  • Stock S$2,400,000*** Liability S$300,000***
  • Payable N/A Receivable N/A
  • FFE S$80,000*** Established 2010
  • Owner Role Full Time Staff 6
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
Kino Neo
Email Owner

Reason For Sale

owner has needs to venture overseas, unable to oversee local operation.

Description

Car rental company for takeover, huge customer base, minimal marketing required . All vehicle LTA compliant and insured under hire fleet. Offer is non negotiable. training will be provided, applicant will be screened for suitability. 18 month turnover with sizable assets.

Business Operation

10am to 7pm monday to friday
Business Hour
Car rental fleet strength @50 vehicles. ranging from 2006 to 2015 registered class 3 Automatic passenger cars. Current valuation @ $2.4M. Newly setup customised POS, CRM HRM software and inhouse server. CCTV setup.
Facilities
In the market since 2009, with huge customer base. minimal marketing required. 90% occupancy rate guaranteed.
Competition
3 months training
Supporting and Training
knowledge in vehicle related trades.
Background & Skills

Property Information

Rent
Premise Status
1
Lease Term

Supporting Document

Email Owner
Your Name*
Mobile Number*
Email*
Message

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