Car Rental Franchise

Reason for Selling:

Seller has other bus.; no time to manage this one.

Overview of the Business:

This is a Houston area franchisee for one of the oldest and largest used car rental companies in the USA with locations in all 50 states. They buy, rent, and sell good conditioned used cars from economy size cars to full size sedans, pick-up trucks, mini vans, SUV's, etc. to retail and commercial customers for both short term and long term needs. In addition to national advertising by the franchisor, the franchisee advertises on cable TV, in many local yellow pages and by direct mail. Franchise Royalty Fee is $30 per car per month for cars in the rental fleet. They currently have 52 cars in their fleet as of May, 2010. They operate from an office park with ample room for parking cars and expansion of the business. Wholesale value of vehicles estimated to be $180,000. Buy this high cash flow business for the value of the assets! Please refer to CBB Listing #6069JY

Property Features and Assets:

1,880 Square Feet facility in an office building.

Market Competition and Expansion:

Add more vehicles.

Additional Details: