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Vehicle Rental Company Investment Opportunity in Ajman, United Arab Emirates

Investment Opportunity: Ajman-based car rental service with 20 weekly customers.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 65 thousand
Run Rate Sales USD 65 thousand
EBITDA Margin 30 %
Industries Vehicle Rental
Locations  Ajman
Local Time 1:27 PM Asia / Dubai
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 160 thousand for 50.0% stake (Native Currency: AED 600,000)
Reason: Seeking for an investor to help me with expanding my business by procuring more cars and increasing ... View More
Includes physical assets worth USD 110 thousand
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Business Name
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Business Overview

- A car rental service based in Ajman, UAE.

- On weekly basis, we serve around 20 customers.

- Majority of our client base is from a popular Trading Company located in Ajman, for whom we rent out on monthly basis.

- We have 20 own cars.

- Charges are on daily and monthly basis according to customer's requirement. Daily charges are AED 100 and weekly is AED 3,000.

- Users can choose the vehicle and duration.

- Bookings are made through our official website.

Products & Services Overview

Car rental services.

Have both daily customers and company contracts.

Assets Overview

Physical assets include office space with office furniture and electrical equipment, also 20 own cars.

Facilities Overview

Own facility located in Ajman, UAE, which includes office with car parking space attached. Total area is 3,200 sq ft.

Capitalization Overview

The business is funded by the owners.

No outstanding loans or debts.

There are 4 partners, holding ownership of 51%/20%/20%/9%.

On partnering with the new investor, 50% of shares will be given to them and the existing 3 partners will retire.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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