Singapore  Singapore

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Listing Id: 29854 Last Refreshed: 24/10/2023 Total Views: 1170

(Expired)Profitable Car Rental With 90% Long Term Lease.

Bukit BatokCar Rental
Asking Price: Price On Request
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Office Building
  • 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 Direct Seller

Reason For Sale

Retirement

Description

Business consist of near 30 units Parf and non parf vehicles consist of mostly Toyota and Honda. About 20% Hydrid.
Most unit are currently on long term lease with good payment record. Take over and start collecting rental. Can operate from anyway.
Company currently operate on full cash with no encumberments. Super healthy balance sheet. Stock value estimated around 1M. Good for new operator exploring car rental business or existing rental companies expanding. Not including current premises. Can relocate anyway.
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