Description
Established in 2021, this fleet rental company began with a modest 7–8 vehicles and has since grown into a professionally managed 40 vehicle fleet serving SMEs, logistics providers, private hire drivers, and corporate clients. Expansion was executed strategically during periods of low COE prices, giving the business significant asset upside and healthier rental margins.
The business is fully operational with strong recurring monthly revenue and long-term rental agreements. Buyer will take over the entire fleet, all contracts, collected deposits, and operational processes.
Key Highlights
💰 High Asset Value – Approx. S$3.9 Million
Diverse mix of vehicles including:
Commercial vans: Toyota Hiace, Opel Vivaro, Mercedes Vito, Nissan NV350
EV units: BYD E6, ME Series, T3, VW ID Buzz (multiple units)
Premium models: Tesla Model Y, Audi Q2, BMW Hybrid
Lorries: Isuzu & Hino (14ft)
Fleet includes numerous 2021–2023 units with strong COE validity and EVs with no lifespan limit.
🔹 Strong Monthly Recurring Revenue
Monthly income: ~S$55,445
Deposits held: ~S$102,680
Majority of units under long-term contracts until 2025–2026
🔹 Ready-to-Run Business Model
Buyer gets full transfer of:
Active contracts
Customer base
Deposits
Vehicle maintenance records
In-place operational SOPs
Turnkey takeover with support provided
Competitive Advantages
Vehicles acquired during low COE cycles, creating strong asset upside
Diverse fleet suitable for logistics, corporate leasing, EV rental and PHV
High occupancy with recurring monthly income
Professionally tracked contracts, deposits, and vehicle records
Strong long-term COE coverage ensures operational stability
Financial Summary
Fleet valuation: ~S$3,900,000
Monthly rental income: ~S$55,445
Deposits held: ~S$102,680
Consistent contract renewals and stable rental demand, fully rented out
Ideal For
Logistics operators
Corporate leasing companies
EV fleet expansion buyers
Investors seeking asset-backed recurring income
PHV fleet operators
Businesses needing immediate fleet deployment
Singapore 
