ID: 23722

01.07.21

Business for sale: sell a business and buy a business in Ukraine

Car rental company

An operating profitable car rental business with offices in major cities of Ukraine is offered for purchase

Location:

Украина

  • Sector: Consumer services
  • Business activity: Rent, hire and leasing
  • Price: $690 000
  • Share: 100%

General description

The company has been developing dynamically since 2014, its main specialization is the provision of car rental services in two main areas:

  • car rental without a driver;
  • car rental with a driver (transfer service, corporate taxi).

Offices are located in 3 large cities (Kyiv, Lviv, Odessa). The territory of the provision of services is the whole of Ukraine with the possibility of traveling to the EU countries.

The company's business model can be described as a B2B, B2C platform for vehicle owners (partners) and customers who have a situational need to use a car without the need to purchase and maintain it. As a result, there are no costs for vehicle ownership (purchase, maintenance, insurance, storage, loss of value, sale).

In the case of the corporate sector, there is no need to additionally maintain personnel to administer third-party business processes related to transport and transportation.

The company has more than 200 clients of legal entities who regularly use the rental service.

More than 5,000 individual clients who use the service two or more times a year.

The business has a great potential for development, especially in the direction of operational leasing and car by installment, which may be of interest to legal clients. Trend confirming the relevance of the service: from ownership to usership. It makes no sense to own a car (especially in a big city) if you can use it as needed. European countries are using intensively the operational leasing and car rental.

Competitive advantages and achievements of the company

  • A functional and lead-generating web-site in the TOP of Google for basic queries.
  • The availability of representative offices in the two largest and most active airports in Ukraine (Lviv and Kyiv-Boryspil), which is extremely difficult to repeat for competitors, and especially for a new player on the market
  • A large fleet of cars under the management of the company, today it includes more than 120 cars (including cars owned by the company + involved in the management of fleets). All cars not older than 2016 undergo regular technical inspection. The fleet structure includes various classes of cars, from the cheapest models to premium cars.
  • A “healthy” and balanced ratio of the fleet structure: a car in the possession / a car in lease / a car in management. It makes it possible to work in the market without any problems and to remain always realizable and profitable for the enterprise!
  • Fully established business processes, the current owners practically do not participate in operating activities, sometimes they are included in the event of a critical situation, as well as on issues related to finance and accounting, recruitment.
  • The most important asset of the company is a team, consisting of 15 people, key employees have more than 10 years of experience in the transport sector. Trained, motivated young people who care, have been working in the company for more than 2 years and know all the processes. There is a top manager in Kyiv, customer service managers, a lawyer, an accountant (outsourcing with a visit twice a week).
  • Well-established relations with insurance companies make it possible to insure profitably the risks of rental. More than 5 years of cooperation and not a single refusal. Also, additional income from the sale of insurance.
  • Signed contracts with international aggregator sites.
  • A stable business model of cooperation with partners, when the owner of the car/cars transfers them to the full management of the company for a commission (repair costs at the expense of the partner). Has shown its effectiveness during a pandemic
  • Social media pages, Youtube channel with unique niche videos driving traffic and leads.

Subject of sale

  • Legal entity with signed contracts with clients, contractors, partners;
  • Two web-sites;
  • Furniture, appliances in the offices of the company;
  • Instructions, standards, methodologies, accounting system, management accounting system;
  • Two trade marks;
  • Social media pages.

Offer to Investor

100% corporate rights – USD 690,000.

The sale of a car fleet is a question for discussion.

Payback period – up to 3-5 years.

Contacts

Алексей Олейников

[email protected] +380677136571

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