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Car rental company
Car rental company for sale
- Revenue size is around $10m
- Net profit is around $2m
- Number of employees is 13
- Fleet is composed of close to 800 vehicles
- The location is Turkey
- #CFIE DBB 046
- Reason for sale: The majority partner is planning to exit and the company is looking for a strategic buyer who wants to acquire the majority stake of the business and develop it further. The company is open to sell 70-100% of the shares.
Overview of the car rental company for sale
The business for sale is one of the leading rent a car companies in Turkey specialized in operational leasing. The company for sale is young and rapidly growing rent a car business. The company has recently received a quality award in Europe and offers fleet lease services all over the country as well operational lease programs to its customers under different conditions. Other services are vehicles maintenance and reparation, damage management, replacement of tires, supply of tires, road assistance, test-driving, and procurement of substitute vehicles, tax and insurance formalities. The client portfolio is selective composed of financial institutions, service and manufacturing companies. Gross profit of the contracts range from 9-22%. Fleet is composed of close to 800 vehicles. Total number of employees is 13. The company's net sales in 2014 are around $10m and the net profit is $2m.
Profile (strategy) of the car rental company for sale
Turkey based car rental company is on sale to a strategic buyer from the leasing and rent a car industry. The owners are currently seeking investors to sell them the majority or the whole shares. The deal could be done as a majority cash out sale since the majority shareholder wants to exit as an individual investor. However, a full sale to a strategic player is also considered. The business for sale is very attractive to international car leasing companies that want to enter the Turkish market.
Car rental services
The company for sale offers the following car rental related services:
- rent a car and fleet lease services
- operational lease programs
- vehicles maintenance and reparation
- damage management
- replacement of tires and supply of tires
- road assistance
- procurement of substitute vehicles
- tax and insurance formalities
Highlights car rental company for sale
- The business for sale is one of the leading rent a car companies in Turkey specialized in operational leasing
- The company for sale is looking for a strategic buyer or investor to sell them the majority or the whole shares
Information about this car rental company for sale
Feel free to contact us for more information regarding this car rental company for sale. If this leasing and rent a car business for sale does not meet your requirements, feel free to ask for other available businesses for sale in the leasing and rent a car industry.