*exclusive mandate*
about this business: profitable and easy to manage long-term and short term car hire company with 50 vehicles out on rent. No need for a premises or warehouse as all vehicles are rented out permanently. Customers bear the cost of insurance, maintenance and services.
Operations: management operated and run.
Scalability: massive market to grow and expand.
Premises: none required.
Transaction: cash buyers only to enquire. (no seller finance)
acquisition value:
selling price: r6,65m as a going concern
vehicle fleet value: r4m (estimated)
total acquisition value (including stock): r6,65m
profitability:
annual turnover: r1,8m
average monthly turnover : r150,000
net profit (ebitda) per annum: r1,4m
net profit (ebitda) per month: r120,000
investment returns:(excluding stock)
pe ratio: 4.6
roi(return of investment): 22%
mpb(month’s pay back): 56
assets:
market value: r4m
asset value ratio to selling price: 58%
