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ON-MARKET
EQUIPMENT RENTAL AND DEALERS

Profitable Car Rental Business – Serving Uber & Lyft Drivers – $615K R

Santa Monica, CA

$1.2M
Asking Price
$615K
Revenue
$74K
Cash Flow

Overview

This established rideshare car rental business provides vehicles to Uber and Lyft drivers on a short-term, flexible basis. With 110 vehicles in the fleet, the company has developed a strong recurring rental base and reputation within the rideshare community. Highlights: Steady weekly rental income from drivers who rely on vehicles to generate their own earnings Diverse fleet of fuel-efficient sedans, hybrids, and other models Operations in a high-demand market with consistent need for driver rentals Scalable model – additional cars can be placed into operation immediately as demand grows Growth & Expansion Place additional vehicles from the existing fleet into service to increase utilization Expand by adding SUVs, EVs, or luxury cars to capture higher rental rates Build partnerships with Uber/Lyft driver onboarding centers, rideshare groups, and gig worker associations Market to food delivery drivers (DoorDash, Instacart, Amazon Flex) for additional demand streams Support & Training Owner is willing to provide comprehensive transition support, including fleet management processes, customer acquisition strategies, and operational know-how.

Key Details

Year Established2014
StateCA
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