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Listing Id: 32522 Last Refreshed: 10/11/2024 Total Views: 2016

Looking To Divest A Lucrative Limousine Rental Service Boasting An Established Fleet Of 25 Alphards

Central AreaCar Rental
Asking Price: S$3,900,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner
Adrian
Email Owner

Overview

  • Premise Type Office Building
  • Premise Size 500 sqft / 46 sqm
  • Monthly Rental S$0
  • Rental Desposit S$0***
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock S$3,900,000***
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 3
  • Established 2023
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

Looking to Retire

Description

Looking to divest a lucrative limousine rental service boasting an established fleet of 25 Alphards and Vellfires, the company holds a valuation of no less than 3.9 million. This subsidiary, with a decade of experience in the rental industry, comes equipped with ongoing contracts and the added advantage of COE renewals for the fleet. Contemplating retirement, I am open to collaborations that promise enhanced value for expansion, all while maintaining a hands-off approach towards the business, provided that the management team is adequately prepared. Prior to commencing due diligence, interested parties will be required to sign the standard Non-Disclosure Agreement as stipulated by our legal team.
WA only: 98566023

Business Operation

The physical assets consist of a unique collection of 25 units of sophisticated and powerful Toyota Alphards and Vellfires, each meticulously crafted to provide a seamless fusion of opulence and performance.
Facilities
No competition since Contract Leases are executed consecutively.
Competition
Companies interested in expanding their current rental portfolio by introducing a luxury segment, or balancing their existing portfolio.
Expansion Potential
will offer hands-on assistance throughout a 2-month transition period.
Support and Training

Property Information

Rent
Premise Status
Yes, it can relocate to other place
Relocatable
Send Enquiry
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