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High Potential Car Rental Business near London City Airport for Sale

Newham, London

CONFIDENTIAL SALE

  • Status

    SOLD

  • Advert ID

    620245

  • Asking Price: £25,000
  • Turnover: Not Applicable
  • Net Profit: On request

Key Features

  • Small Business
  • Offers Invited
  • Unique Business
  • Prime Location

Business Details

Established Car Rental Business for Sale London City Airport

Car Rental business for sale London City Airport 

This is an excellent chance to acquire a newly established car rental business that has immense growth potential. Given the high demand for the business, we encourage early inquiries to avoid missing out on this opportunity.

The business currently boasts a fleet of 10 vehicles, which maintain a high utilization rate of 90% even during this off-peak season. This impressive utilization rate demonstrates the existing demand, showing potential for considerable growth with additional investment. By increasing the number of vehicles in the fleet, there's potential for the business to expand to over 50 cars by next summer.

Our business is listed on comparison websites, including CarJet, Kayak, Skyscanner, Momondo, among others. This visibility on popular platforms guarantees a steady stream of customers from different markets, making it an attractive investment opportunity.

As a franchise, this business has the added benefit of support from the franchisor. The franchisor provides car rental insurance and a regular supply of vehicles based on demand, facilitating smooth expansion for the company.

In addition to diverse benefits, the car rental service operates with a unique, contactless model that minimizes costs. The lack of need for physical premises already saves on operational costs. Additionally, the parking is already arranged near the Airport, and the automated booking system handles all customer interactions, including online check-in and ID Verification. On the day of booking the customer receives a link to open car door remotely and then collect keys that are inside. In a similar way customer also gets another link to take pics via AI to verify any damage  before and after the rental. So no need for expensive premises or long leases and similarly save on wages as no office staff required. The system can be managed remotely and only requires someone to monitor, check in and valet the vehicles ready for next customer.

The sale price is extremely low to promote a quick sale. This offer includes all features and benefits associated with the business and is an opportunity not to be missed.

Contact us urgently for more information on this promising business opportunity, as it will not be available for long. We look forward to exploring this exciting venture with you.

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THIS BUSINESS HAS BEEN SOLD
This listing has been withdrawn from the market. We're currently awaiting confirmation from the seller. Please check back soon for updates.

Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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