An exciting vehicle rental and resale company in Las Vegas has just come on the market! This company is in the business of renting and reselling vehicles for consumers with poor credit or those who are cash payers. Strategically located near the Las Vegas Airport, this company maintains over $568,000 in vehicle assets, consisting of the latest vehicle models ranging from standard to luxury and convertibles, all available to either rent or purchase. The Company's Return on Assets of 64.6%, Current Ratio 1-87 and EBITA to Sales Revenues of 26.2% consistently appears to outperform similar rental vehicle companies in this industry (according to the Seller). With an adjusted net profit/income of $522,000, gross sales of $1.6M and PPE near $568,000, this company will not last long! Call Now For An NDA!
This is a leased location of 700 square feet and a Total Rent of $1,800. Seller is active in the business with 3 Contract employees. Hours of operation are 9am to 5pm 7 days a week. $423,132 in Inventory, $148,015 in FF&E, and $150,355 Accounts Receivable included in asking price. $6,948 made in Leasehold Improvements. Special Licenses are required.
Asking Price $1,300,000
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