Vehicle Rental Business

Business For Sale Queensland

Business Category Car Rental Transport

$9,750,000 plus fleet


Vehicle Rental Business

This is one of South East Queenslands 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


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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

Listing ID: benchmark_74_1121

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: 540974
Broker REF: benchmark_74_1121

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