Listing Number: 6953-388092
Description
This fast-growing regional car rental and fleet maintenance business has 2 locations (one in Charleston and one in Greenville). With a rental fleet of almost 250 vehicles as of 2025, seamless rental experience enabled by advanced operations management platforms, and fully staffed operation, this business is poised for significant growth in 2025 and beyond.
Structure of deal:
>Asking Price: $4,75,000
>Downpayment: $950,000 (20%)
>Seller Note: $3,800,000 (80%)
>Term: 9.5%, amortized x 15 years, balloon in 10.
Note on Vehicles:
>Fleet consists of 250 vehicles, lender-financed. >Buyer needs to qualify for a line of credit of approx. 5M to transfer title of vehicles.
>Pricing of vehicles will be done using third party platforms
Note: buyer will be required to submit proof of funds for liquid capital to satisfy downpayment amount.
Listing Details
- Price: $4,750,000
- Down Payment: $950,000
- Sellers Discretionary Earnings: $4,120,683
- Total Sales: $11,239,435
- Location: South Carolina
- Inventory: $0
- FF&E: $0
- Employees:
- Year Established: 2013
- Reason for Selling: Other business interests
- Category: Rental Business
