Vehicle Rental Business

Business For Sale Brisbane QLD Region, Queensland

Business Category Car Rental Transport

$9,750,000 plus fleet

Description

Vehicle Rental Business

This is one of South East Queensland’s largest independent car and truck rental specialists. With multiple branches & agencies, and a diverse fleet of vehicles (operating at impressive occupancy rates), this business provides stable trading and solid profitability.

Annual revenues lie between $8 million and $9 million, with EBIT of over $1 million per annum, annual depreciation allowance exceeding $1.8 million per annum. The business is on track for EBIT of $2.4 million in the 20/21 financial year.

Since 1996 this business has proven to be recession-proof, Covid proof and stable - and quite simple to manage.

The fleet of over 300 vehicles is diverse and includes:

- Cars

- Utilities

- Vans

- 4WDs

- Prestige and sports cars

- Trucks

- Buses

Average fleet age is less than three years old, and fleet turnover can be a profitable side benefit of the business operation.

Fleets are managed remotely using fleet management software and rental programs that provide simple transactional data, and simple documentation for staff and customers.

This business was established in the mid-nineties and has grown to a network of branches and agencies. Each serving a niche market - either tourists, locals, travellers, tradies, and “weekend warriors”.

The business is systemised and organised, with experienced trained personnel across the network. Infrastructure offers storage for 400 vehicles, car wash facilities, maintenance areas, and administration offices.

Price: $9.75 million plus fleet

For further information on this opportunity, please contact:

Bruce Coudrey

Senior Business Broker

Benchmark Business Sales and Valuations

M: XXXXXXXXXX T: XXXXXXXXXX E: XXXXXXXXXX

If you'd like to know more about the business complete our online confidentiality agreement here: XXXXXXXXXX

or go to our Website XXXXXXXXXX and use the reference #5110 to search for the business.



Benchmark Business Sales and Valuations

The business images shown are for illustration purposes only and may not be an exact representation of the business.

Business Category: Automotive, Car Rental, Vehicle Rental, Services, Car, Bus, Trucks

Property Code: 5110

Similar Businesses For Sale


This business is somewhat unique and has no similar competition in this region, category or price bracket.


Contact Seller

Bsale ID: 532730
Broker REF: benchmark_49_796

Benchmark Business Sales and Valuations
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