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Listed by:

Atlanta Business Brokers LLC

Cash Car Rental Business In Norcross For Sale

Norcross, Georgia
Asking Price:
$275,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$550,000 (USD)
Cash Flow:
$90,000 (USD)

Wonderful Cash Car Rental business for sale in a prime location, customer favorite, local, Absentee owner-operated with huge potential. Located in a super busy corner of two major roads, next to national and international well know and super busy retailers with Home Depot and McDonald’s and many more.

The clients include long-term renters, international drivers and drivers without a major credit card with most of the client and customer paying cash for their rentals, all cars come with the built-in GPS system that allows the employees and the owner to track the vehicles and are able to shut off the engine if needed.

Current owners don't have the time to properly manage this business and are selling at a discounted rate. Business is already profitable and has a lot of room for growth. This opportunity comes with 24 cars and 0 debt and an average of 18 cars rented at all times.

2,000 +/- square feet beautifully built and decorated office and waiting area, 2 bays for car repair and maintenance and a corner lot that’s almost an acre with two huge signs on both sides of the streets.

Business only started in May of 2018 and already making great profits, sales average $45,000 a month with the owner taking home over $10,000 a month, the gross sales for a full year were estimated based on last 6 months sales and a full year might be even higher.

Excellent lease and location and 14 years left on the lease. The facility is little under 2,000 sqft. A software system for tracking customer and vehicles, the website is included in the sale as well as 24 vehicles (purchase might ops out for current car inventory if they chose to purchase new or newer inventory and the value of the cars will be deducted from the sales price.

Proof of funds and signed nda must be received prior to disclosing any further information. This is an operating business; please refrain from speaking to staff or management. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please call us to discover the difference that is.

Property information

Real Estate:

Lease

Lease Terms:

Long term lease in place. 14 years left on the lease.

Leasehold Rent:

$6,425 (USD) per annum

Location:

2,000 +/- square feet beautifully built and decorated office and waiting area, 2 bays for car repair and maintenance and a corner lot that’s almost an acre with two huge signs on both streets. Being in a corner lot in a shopping center with Home Depot and other major retailers dives traffic none stop 7 days a week.

Business Operation

Expansion Potential:

There is so much more that can be done with this opportunity giving its location and its niche market. Add Pick up trucks, Vans, newer cars and advertise to see this business doubling its numbers in no time.

Competition / Market:

No competition, they accept Cash, debit and Credit cards no one else does.

Reasons for selling:

Other interest.

Employees:
2
Years established:
2018

Other Information

Support & training:

Two weeks by the seller and management.

Furniture / Fixtures value:
$10,000 (USD) - included in the asking price
Inventory / Stock value:
$90,000 (USD) - included in the asking price

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