High-End Exotic Vehicle Access Marketplace and Subscription Platform
Off-MarketNewport Beach, CA
The Business Operates As A Marketplace And Subscription-based Platform For High-end Exotic Vehicle Access
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$1,000,000
$300,000
30.0%
2005
Past Month
Customers
80 percent of clients are retail customers, while twenty percent are commercial clients including dealers and rental companies
Customer Acquisition
Referral-driven; minimal paid marketing by design.
Team
The company currently operates with only two employees and runs fully remotely with no physical office.
Owner's Role
Owner oversees everything.
Reason for Selling
Owner seeks a strategic partner rather than a complete sale to expand the business but is open to selling as well. The primary needs are an increased marketing budget and additional inventory acquisition.
Contracts
All customer relationships are governed by contracts, particularly for long-term vehicle access and subscriptions.
Real Estate
No
When Are You Looking to Sell
ASAP
Licenses Required
No
Additional Notes
The company does not purchase vehicles; instead, it uses arbitrage by taking cars from owners and generating revenue through subscriptions and rental programs. Vehicle owners receive a percentage of revenue plus monthly payments, while the company profits from markups without depreciation liability. The business model helps owners convert depreciating assets into income-generating assets, which appeals to private equity and hedge fund companies.
Business ID: 1887
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