Listing Number: 041621-118777
Description
This highly profitable and 5-year established ride share company offers a rare opportunity to own a business with robust cash flow and significant growth potential. With over 200 vehicles in its fleet and a proven model that generates consistent income, the company enjoys strong top-line revenues exceeding $3M annually and seller discretionary earnings (SDE) surpassing $800K. Weekly renter payments from drivers contribute to a stable and high-margin business, resulting in consistent cash flow.
Large Vehicle Fleet: Well-maintained fleet of over 200 vehicles, providing ample capacity to meet current demand and expand services.
Established Partnerships: Long-term relationships with drivers and ride share platforms ensure a steady stream of business.
Growth Opportunities include: fleet expansion and geographic expansion with the potential to scale operations into new territories and capture untapped markets.
This is an ideal opportunity for investors or strategic buyers looking to acquire a highly profitable business in the fast-growing transportation sector.
Contact us today for more information and to explore this opportunity further.
Listing Details
- Price: $5,000,000
- Down Payment: $4,000,000
- Sellers Discretionary Earnings: $818,815
- Total Sales: $3,129,310
- Location: Cook County, Illinois
- Inventory: $2,552,000
- FF&E: $100,000
- Employees: 9
- Year Established: 2019
- Reason for Selling: Moving on to other, current business ventures
- Category: Automotive
