Singapore  Singapore

Sell a Business
Listing ID: 25363 Last Refreshed: 16/05/2022 Total Views: 533

Booming Trade ! Profitable Car Rental Biz For Sale ! Cash Cow !

BishanCar Rental
Asking Price: S$4,000,000
  • Premise Type N/A Premise Size N/A
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue N/A Liability N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff N/A
  • Established N/A Source Agent
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
Vincent Lim Bradford, Lim & Associates - 90670575
Email Owner

Reason For Sale

Retiring

Description

Car rental business is booming now ! Seize the Opportunity !


The growth is attributed to the rising cost of ownership and maintenance of a vehicle in Singapore. 


Singapore car rental market is projected to grow at a CAGR of 3.71% during the forecast period to reach US$1.966 billion by 2024, from US$1.580 billion in 2018


This established player owns 43 vehicles (mainly are Jap's sedans & MPVs), estimated rental income amounts to $698k yearly. 


Market value of the 43 vechicles is estimated to be $2.9 mil. 



Interested parties pls call / whatsapp 90670575 for more info. Thanks !




https://www.bradfordlimassociates.com/

 



Disclaimer :All the financial figures in the advertisement are estimates been quoted by the Vendor of the business. Buyers have to exercise their own due diligence. Bradford, Lim & Associates is not liable for any misinterpretation or inaccuracy of the Vendor's financial data.The information in the advertisement is for your references only, and may have changed since we last updated.

 

 

 


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