×← Back to all deals
ON-MARKET
EQUIPMENT RENTAL & DEALERS

Rent-to-Own Tesla Fleet | $2.2M Contracted | Proprietary Software | LA

1731 W Glenoaks Blvd, Glendale, CA 91201

$1.4M
Asking Price
$654K
Revenue
$265K
Cash Flow

Overview

TeslaRented puts drivers who cannot get a lease or a loan into a Tesla on a four-year rent-to-own contract: a down payment, a fixed biweekly payment for 104 periods, and the car is theirs at the end. Founded in 2021 in Glendale, it is first on Google nationally for "rent to own Tesla" and is offered as a going concern. WHAT YOU ARE BUYING - 26 Teslas (Model 3, Y, S and X): 23 on active four-year contracts, 3 ready for the next renter - $51,200 a month of contracted biweekly rent; $2.
2 million of remaining contracted payments - Collections grew from $123K (2024) to $177K (2025) to $369K in the first nine months of 2026 - Run-rate EBITDA of $343K with the cars carried as assets; $382K once the three idle cars are rented - 14 company-owned cars; 12 hand over free and clear at close once the loans are paid from the price - An approved $350K Westlake Fleet credit line that steps up to $1M after six months of on-time history - Exclusive rent-to-own fleet partnership with EON Tesla Rents (9 cars on a 48-payment track to title) - 553 inbound enquiries in the last 90 days and 122 open leads today, without paid ads WHY THREE PEOPLE RUN 26 CARS The company owns the software that runs the operation: e-signature, biweekly invoicing and autopay, mileage read from the car through the Tesla Fleet API, automated reminders and collections, an AI text agent for renter messaging, accounting sync, and a blog engine that keeps the site on page one. A buyer can run 100 cars on the same team. Nationwide delivery is live, with contracts in Nevada, Texas and Florida.
A daily and hourly keyless rental product is built and unlaunched. THE DEAL The offer is 80% of the company to an owner-operator at $1,350,000 enterprise value for the whole company (about $1,145,000 for 80%, cash-free and debt-free). The founder keeps 20%, stays involved on strategy and software, and signs a 12-month advisory agreement, because he believes this becomes a nationally recognized rental company built on the rent-to-own model.
A full 100% sale is available by negotiation at the same price per share. Seller financing of up to 50% for a qualified buyer; SBA-friendly as a partial change of ownership. 90 days of full-time transition plus 6 months on call.
WHY SELLING The founder also runs his family's travel business, founded by his father in 1993, and can no longer divide his attention between the two. He is keeping 20% because he believes in where this goes. NEXT STEP Open the two attached documents: the one-page teaser and the access guide.
The guide explains how to see the full confidential memorandum, the car-by-car fleet schedule with loan payoffs, the restated financials, the step-by-step valuation and the offer form, after a short online NDA. Letters of intent are due December 11, 2026. Please do not contact renters, staff, lenders or partners directly.

Key Details

Year Established2021
StateCA
Request Full CIM & Details →

Deal data sourced from BizBuySell. Contact broker directly or become a Gravy member for deal analysis and acquisition support.