Vehicle Rental Startup for Sale in Budva, Montenegro

- Business offering minute-by-minute rental of electric scooters through a mobile application, located in Budva.

- Currently in pre-revenue stage.

- The business targets the growing trend of alternative transportation solutions in Montenegro.

- The company's revenue model is by providing a rental service where customers can rent electric scooters for short durations and pay for the minutes used.

- With a commitment to using electric transport, the business aligns with the global trend towards eco-friendly and sustainable mobility solutions, appealing to environmentally-conscious consumers.

- The kicksharing concept has gained traction in various countries, and the business sees promising potential in Montenegro, where alternative transportation options are becoming increasingly popular.

- The rental service is facilitated through a dedicated mobile application, offering a seamless and user-friendly experience for customers to locate, unlock, and rent scooters on the go.

- The customers can find their electric scooter on the map and unlock it. The map shows where they can get around and where they can park their electric scooter.

Services include renting electrical scooters.

The customers have to pay for the minutes used.

Physical assets include 60 new electric scooters, 30 chargers with adapters, cabinet designed for charging batteries, two parking stands, taxes paid and other office equipment.

Intangible assets include:

Lease agreements for obtaining permits and registration in the register of tourist organizations, permission to rent in Budva.

An outsourced accountant with pleasant conditions.

The application is published in the AppStore and Google Play, supported by the development team.

Software for managing scooters and a payment and user feedback system.

Rented office space located in Mediteranska bb - Tre Canne, Budva.

The business has two owners with an equity split - 50%-50%.

There is no debt to the tax service and other contractors.

The tax office has about EUR 10,000 euros to offset.

There is a loan agreement that will need to be repaid against the cost of the business.