Car Rental Business For Sale in California

Home-Based RV Rental Service in Orange County

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Listing Number:

131107

Status:

Sold!

Business Type:

Personal Services - Car Rental

Location:

Other California (Orange County, CA)

Price:

439,000

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A three word description of this business it would be Profitable, Growing, Organized. Another description would certainly be about the future potential of the business. While 2007 has been difficult for RV Dealers it's been wonderful for RV rentals. It seems incredible and a cliché but the sky is the limit when it comes to future growth potential.

The business began in the early summer of 2003 with one vehicle, quickly several people approached the owner wanting to consign their vehicles to the company's rental pool. By the end of the 2nd quarter of 2004 all consignment vehicles were returned to their owners and later that year the company became a Fleetwood RV Rental Dealer and bought it's own vehicles. By owning the vehicles the company could control the quality of the vehicles to make sure the customers got better rentals than anyone else was offering.

Marketing consists of an excellent website that's been optimized. All business comes in through the website or referrals or past customers.

By then end of 2004 the owner had the idea of becoming a dealer and establishing 4 locations in Southern California. He quickly realized the amount of capital needed was beyond his means and decided to try the RV rental business as a starting point.

The business took off quickly since the big competitors like Cruise America have limited offerings of smaller vehicles and use those vehicles as rolling billboards. This company rents everything from toy haulers to class A motor homes up to 40' diesel powered units without the annoying "RENT ME" splashed across the vehicle. All vehicles are replaced each year at dealer pricing and last year's units are easily sold off wholesale to other dealers as new ones arrive.

Growth potential is still strong and limited only by imagination and capital. Through July 2007 the company revenues are approximately 26% over last year at the same time. If the trend continues 2007 revenues should exceed $1.4 million.

Disclaimer: MergerNetwork.com has not independently verified any of the information in this listing and makes no warrany as to its accuracy or completeness.