Businesses For Sale in SingaporeSingapore

Listing ID: 4198
Total Viewed: 7390
Last Refreshed: 03/01/2019

Uber/Grab Car Rental Business (20-Car Fleet) For Sale

Bukit Merah

Asking Price : SGD300,000

Revenue: SGD360,000

Cash Flow: SGD160,000

Payable: Not Disclosed

Established: 2015

Gross Profit: SGD160,000

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Investor

Net Profit: SGD160,000

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

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

Reason To Sell
Looking for a take-over as partner is unable to continue to look after the operations
Business Description

·       Profitable car rental business focused on Grab/Uber/Long Term Private Leasing segment

·       Ready & diversified fleet of 20 cars, suitable for:

-   UberX, UberExec, UberXL

-   GrabCar, Grab 6-Seater

·       Established customer base and revenue stream with existing rental contracts

·       Centrally-located at Henderson Road; possible to relocate without any rental break-up fee

·       Monthly average turnover of $30k, monthly average profit $10k-$20k and will be dependent on your operation overheads. All data are historical and indicative estimates only.

·       Seller financing available: Installment/deferred payment options available

For further enquiries kindly contact 9 1 7 2 8 0 8 0.

Property Information
Premise Status:

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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