Rent a Car Running Business for Sale 16yrsOperated

Posted by: Casa Nostra, 01 Oct, 2022

AED 450,000,000

Ad Detail

AD ID 4528021
Locality Dubai, Emirate
Ad Type Offering
Posted by Broker

Opportunity is here for an international company to enter the UAE market with a strong
customer base or for multinationals to diversify their portfolio..

The opportunity is to acquire a car rental company in Dubai with close to 140 vehicles which are all fully paid. The company runs one main office with about 11 staff and main sales is thru online marketing and a website which is in the first 2 pages on google.

The cars are mainly mainstream vehicles with an objective of providing to the masses on long term
lease

* Location: Arjan
* Rent a Car Running Business
* 16 years in Operation
* Business for sale (Key Money): 4,500,000 Million

* Total no of vehicles: 138 (Value current: 3,839,000)
* Office equipment: 1 unit server (3,000)
10 units laptops (10,000)
20 units of furniture (40,000)

* Office rental: 100,000 per year (Office is owned by the owner and rental to be negotiated)
* 11 Staff Total salary Point to be noted owner-driver and PA to be removed 29,575 Without owner staff 23975
* Total rental revenue: Jan 2021 to Oct 2021 176,000 per month average
* Other revenue: Jan 2021 to Oct 2021 53,000 per month average
* Total admin expenses including wages Jan 2021 to Oct 2021 47,000 per month average