Online Luxury Auto Rental-15% Seller Financing - Business for Sale

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Online Luxury Auto Rental Platform in Iowa

IA, US
Added 5 months ago
Luxury Auto Rental Online Business
4 years in business
RemoteAbsentee / Semi-Absentee

Online luxury auto rental business based in Iowa operating as a platform connecting private investors' vehicles with renters, with operations described as mostly absentee-run and a general manager in place.

Key Information

Asking

$295K

Revenue

$224K

Earnings

$160K

Multiple

1.8x

Key Highlights

  • Business was established 4 years ago
  • Seller financing available for up to 15% of the purchase price at 5% interest, amortized over 10 years with a 3-year balloon payment
  • Rental vehicles are not company-owned but rented from private investors
  • Business is mostly absentee-run with a general manager
  • Business is remote/relocatable

Contact Info

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