Reason For Sale
Cash flow have some issues
Description
$150,000 to take over car rental business in Singapore! Car Lease Sg Pte Ltd is established for more than 2 years. We currently have a fleet of 20 vehicles for rent, of which 13 cars are long term customers, 7 car is short term rental. All loan facilities has already been set up properly, current asset in company worth of 80k-100k. Selling at this pricing due to cashflow issues for other business. We will provide a 1-2 months handover training. Monthly revenue is 35k-45k, and a profit of 8k-12k. High potential in future prospect. Shopfront will not be taken over, so will need to consider getting another office for this company.
Contact us for more information for interested parties!
Facilities
Asset in this business includes existing Insurance Policies, Cash to purchase vehicle, Deposits and E.t.c
Competition
Cash-flow issues will be the key factor because we are dealing with over tens or even hundreds of thousands.
Expansion Potential
Expansion will be quick for this industry, there is a significant rise in the demand for car rental in Singapore, especially during inflation of COE. Potential in achieving high fleets, with the existing resources we have such as loan company's support, existing customer base, existing long- term rental customers. All systems has been set-up in a simple yet conducive ways.