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For Sale: Car Rental Service - For Ride Share Drivers - LA County - Home Based

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Current Status: Active     Posting #: 250425     Last Refreshed: 9/19/19     BRE License #: 02075182    
Contact: Michael Preston At 310-994-7037 , 424-832-3410  -  Also Email This Contact Below
Price:  $199,000     Down:  $249,000     Adjusted Net:  $121,954     Revenue:  $189,226    
Attributes:  Home Based, Semi-Absentee Run, Training & Support     Cooperation With Brokers?  Call

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  Description About This Posting: Car Rental Service - For Ride Share Drivers
Young upstart company that took their time to build a business & a plan to create strong cash flows and scalability. This company provides a 'turn-key' solution for ambitious people looking to build a career or supplement their income as a ride-share driver. Seller states that they have spent the time, money and suffered the frustration of figuring out how to identify good drivers, to build the business, implemented systems to keep the assets safe and built a support system to keep the cars running all while staying properly insured (benefiting the driver and the company).

This business has been growing steadily since it started and 2019 projections show that even slow and steady growth will provide excellent profit and cash flows allowing the buyer to either re-invest to quickly grow the business OR use it as a source of income for other ventures. The best part is that the market for their product is constantly being supplied and marketed by multi-billion dollar companies such as Uber and Lyft infusing stability and future growth into this business opportunity. Seller states that they invest less than 5 hours of their time on an average week making it almost absentee run. If you are looking for a spectacular opportunity with a lot of upside potential then this is definitely worth a look.

This is a home based business. Seller is active in the business. Hours of operation are 9 AM to 7 PM Mon-Sat. $50,000 in Inventory and $3,000 in Account Receivables included in the Asking Price. Assets include cars!

Turnkey, Semi Absentee, Uber, Lyft, Rideshare

To get more information about this Car Rental Service - For Ride Share Drivers business for sale in LA County - Home Based please phone Michael Preston (Intermediary, Broker - BRE License #:02075182) at 310-994-7037 and 424-832-3410 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #250425 on BizBen.com. In addition to phoning Michael Preston, make sure you email Michael Preston above to get more info about this Car Rental Service - For Ride Share Drivers, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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  Helpful Resources To Assist In Selling And Buying California Businesses

Helen Yoo, New Century Escrow - Escrow Services In Southern California

New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.

Diane Boudreau-Tschetter: Escrow And Bulk Sale Services - California

California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.

Shalonda Chappel-Pilgram: Escrow & Bulk Sale Services - Southern California

Escrow services to brokers/agents, sellers, & buyers. Established 43 years. Extraordinary service. Experienced with handling difficult transactions. One stop for all your escrow needs: Bulk sales, lien searches, UCC searches, liquor license transfers, publishing & recording services. 951-808-3972.

Joe Sandbank, Esq: Legal Services For Buyers, Sellers, Brokers - Throughout California

I have provided legal counsel to business buyers, sellers and brokers for over 17 years. With prior experience as a business broker and SBA loan officer, Joe brings both a practical and legal approach to all aspects of the business acquisition process. Please phone 916-672-8018 for more info.

Willard Michlin, CPA, Certified Fraud Examiner, Due Diligence Services - California

Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.


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