About this Property
Incredible opportunity to acquire a well-established and highly profitable car rental agency operating in three of Florida's busiest markets: Miami, Orlando, and Fort Lauderdale. This business has been successfully operating for nearly 10 years, building a solid reputation and a loyal client base of both tourists and locals. Fleet of 150 Vehicles – including compact cars, sedans, SUVs, minivans, sports cars, and convertibles – with an estimated value of $3.5M. State-of-the-Art Technology – includes a modern rate management system and rental car software, streamlining operations and maximizing revenue. Turnkey Operation. Growth Potential – opportunities to expand through digital marketing, partnerships with hotels and travel agencies, or adding new locations. POF and NDA required.
Terms to Proceed
Prior to detailed negotiations, the buyer must provide a signed NDA and proof of liquid funds or a bank pre-qualification letter.
To initiate due diligence, the buyer must execute a LOI, APA or SPA and provide an escrow deposit equal to one percent (1%) of the Business value.
Escrow terms:
If the buyer withdraws from the transaction or fails to complete the purchase for any reason, USD 4,000 from the escrow deposit shall be released to the seller to cover legal and administrative expenses. If the transaction closes, the escrow deposit shall be applied to the final purchase price.
The seller does not provide seller financing.
Disclaimer
MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of International Business Group LLC.