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Listing ID: 1356 Total Viewed: 3532

Car Rental Company With High Rental Yield For Takeover.

Central Area, Singapore

Asking Price : SGD3,250,000

Revenue: SGD100K - 200K

Cash Flow: SGD200K - 500K

Payable: Not Disclosed

Established: 2010

Gross Profit: SGD20K - 50K

Inventory: SGD2,400,000

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD20K - 50K

Liability: SGD300,000

FFE: SGD80,000

Staff: 6

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

***NOT included in asking price

Reason To Sell
owner has needs to venture overseas, unable to oversee local operation.
Business 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 Operations
Business Hour:
10am to 7pm monday to friday
Preferred Skills:
knowledge in vehicle related trades.
Supporting and Training:
3 months training
Staff:
6 Local
Property Information
Premise Status:
Rent
Premise Size:
600sqft
Rental Fee:
SGD3,500
Rental Deposit:
SGD7,000 (included in selling price)
Lease Term:
1
Other Information
Facilities:
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.
Competition:
In the market since 2009, with huge customer base. minimal marketing required. 90% occupancy rate guaranteed.
Supporting Documentation

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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