Listing status: Inactive
Reason: --
UNDER CONTRACT - Established And Highly Profitable Car Rental Business Rural NSW
UNDER CONTRACT - Established And Highly Profitable Car Rental Business Rural NSW
Industry :
AutomotiveSub Industry :
Car RentalAbout the business
Outstanding Opportunity! This is a rare chance to acquire a well established and highly profitable Car Rental Business in New South Wales.
With annual sales of $3,465,257 and a profit of $1,494,016 this business presents an excellent investment opportunity for a potential buyer or working owner. Having been established since 1988, with a presence in the area since inception, the business has a great reputation and is well known by locals. There are many loyal state and national accounts as well.
The business is industry leading and provides a great service to its existing customer base. This business has considerable growth potential and is well positioned to take advantage of mining, agriculture, and tourism to the area. It is situated in a prime location and has plenty of parking and easily accessible transport links as well as providing rentals at the local airport. The business is ready for a new ownership team to take it to the next level. This is an outstanding and unique opportunity to own a car rental business in New South Wales that is well established, industry leading and has considerable growth potential with 5 other centres in 5 other towns in this area under the same banner. These centres are well set up and easily maintained.
The purchaser can purchase all the vehicles, some of the vehicles or a few of the vehicles all at current market value. Completely up to the buyer how many they want or require.
Summary
Well established - over 36 years with excellent reputation
Very simple to Manage
Total of 6 Rental Centres
Multiple contracts in place
Reasonable Profits and Return on Investment
Great fleet of variable vehicles that are well serviced with a maintenance schedule
Finance is usually available for the purchase of the vehicles
Long Lease with reasonable rent
National Group with National, State and Local marketing
Large data base of repeat customers
State of the art website with 24 /7 booking features
Competent, long term staff members
Good returns to an investor or working owner
The current owner is willing to continue work as a manager for a period of 6 to 9 months to ensure an easy transition to the new owner, and remain as an employee.
National long-term rentals
Extensive training for new owner provided
Independent, comprehensive valuation available from 3rd party
Take advantage of this easily operated, well established and profitable opportunity now.
Talk to Brokers that know business
Business Brokers Network Australia is the largest Business Brokerage in Australia, with over 85 Business Brokers in all states of Australia in over 65 business locations.
Many BBNA Brokers are specialised in vertical markets, eg Medical, manufacturing, Accommodation, Legal, Hospitality etc. Many have spent years running or managing their own Businesses so have first hand knowledge on what makes businesses successful and unsuccessful.
To talk about a business, you have to understand the business, know where the money is made, understand the processes, sytems and be able to understand the risk factors.
Understanding a business from the Owners point of view and being able to relate information about the business to the Buyer from his point of view, being factual and not embellishing the actual results is what we seek to achieve.
To have Certified Practicing Business Brokers that are also Registered Business Valuers, you have the opportunity to get excellent advice on how to increase the value of your business as a Seller or as a Buyer. This advice is also impatial, we see the mistakes that are made on a regular basis. You are free to use our advice or temper it with advice from your other advisors. Generally our advice is free in general areas or you can engage a Business Broker short term to use us as a sounding board to work with you on more specific requirements.
If you are a Buyer and are looking for a specific business and you have not found it on our website or others, we may be able to find the business that best suits you. Often we know of business that are not on the market, but we know that the Owner would sell if there is a qualified Buyer looking.
email : admin@businessbrokersnetwork.com.au or Call 1300 33 18 14
View other listings by this business
$1,250,000
Enquire about this business
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!- Can you afford the business? Do you need financing to assist with the purchase?
- Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
- Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
- Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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