Detail information about the listing
FF&E: 2,000,000
Inventory: 2,000,000*
Growth: Current: 22 cars x avg. price 300 x 14 days rented month = 1,108,800 yearGoal: To rent each car 25 days month from mid 2022 onwardsCars coming from the business expansion strategy:1,200 cars by end of 2024 (1,100 cars on average in 2024)Rev: 1,100 cars x average price 300 x 25 days rented month = 99,00,000 revenue in 2024 onwardsAutomations 5,000 (this price can increase) 5,000 x 10 clients sold month = 50,000 monthly = 600,000 year
Further Details: Location: Scottsdale, AZ
Inventory: Not included in asking price
Real Estate: Leased
Building SF: 9,500
Lease Expiration: 4 25 2026
Employees: 13
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: 22 Luxury vehicles, office furniture, vehicle equipment, electronics. Scaling to One thousand luxury vehicles by end of 2024.
Competition: The current market for luxury car rentals is only growing stronger every day. As the prices of cars are increasing due to the shortage of luxury cars, luxury car rentals are in high demand and this trend is expected to continue for years!
Our competitors are less in number due to high capital costs, not only in our main city of operations but also in most cities globally.
Unlike our competitors, we provide personalized services for each of our clients as we focus on providing a great experience.
Moreover, our prices are lower compared to competitors.
Growth & Expansion: Current: 22 cars x avg. price 300 x 14 days rented month = 1,108,800 year
Goal: To rent each car 25 days month from mid 2022 onwards
Cars coming from the business expansion strategy:
1,200 cars by end of 2024 (1,100 cars on average in 2024)
Rev: 1,100 cars x average price 300 x 25 days rented month = 99,00,000 revenue in 2024 onwards
Automations 5,000 (this price can increase)
5,000 x 10 clients sold month = 50,000 monthly = 600,000 year
Support & Training: Full support and training. I will be continuing to add value and client acquisition to the company as well as increase the revenue with our new net project.
Reason for Selling: Looking to become minority owner and head sales and expansion plan.
Franchise: This business is an established franchise
Business Website: http: www.royalrentals.io