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For Sale: Car Rental Company - For Special Events, Weddings - Dripping Springs, Texas

$2,500,000.00

Asking Price

  • Address: Dripping Springs, 78620.

Description

This company offers a unique and highly profitable opportunity in the growing niche of classic car rentals for special events. Located in Texas—in what is called “the "Wedding Capital of Texas"—this company has established itself as a top-tier provider of museum-quality classic cars for weddings, photoshoots, and movie productions. Founded in 2015, this company moved to its current location in 2020, increasing visibility and appeal to the Central Texas wedding market. With over 18 vintage vehicles, including four highly sought-after Rolls Royces, it generates a significant share of its revenue from wedding rentals, with other revenue streams including partnerships with prominent brands such as BET TV, The Food Network, Gucci, and Nike.

In 2023, the company completed 220 rentals, with a projected 280-300 for 2024, demonstrating consistent growth in the local and statewide markets. The company maintains an impeccable reputation with five-star ratings across platforms like Yelp and Google, supported by referrals within the wedding industry. Operations are streamlined with a dedicated certified mechanic for maintenance and a pool of reliable contract drivers, ensuring seamless customer experiences.

The business has minimal competition in its service area, offering excellent opportunities for expansion into other metropolitan regions like Dallas and Houston. It includes all necessary assets, such as the fleet of classic cars, website, contracts, and proprietary booking processes, making this a turnkey operation for a buyer seeking a high-potential investment.

NDA required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

To get more information about this Car Rental Company - For Special Events, Weddings business for sale in Dripping Springs please phone Rick Carlson (Agent - BRE License #:01820673) at 833-776-6682 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #289680 on BizBen.com. In addition to phoning Rick Carlson, make sure you email Rick Carlson above to get more info about this Car Rental Company - For Special Events, Weddings, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01820673. ProNova Partners.

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Contact

  1. Name: Rick Carlson
  2. phone iconPhone: 833-776-6682
  3. phone iconPhone: --

Details

  1. Asking Price: $2,500,000.00

  2. Down: Call/Email

  3. Cash Flow: $155,526.00

  4. Revenue:    $274,802.00

  1. Area: Dripping Springs

  2. City: Dripping Springs

  1. Attributes:

    Broker CooperationFinancial AssistanceTraining & SupportOwner/Seller Financing

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