Pattaya Car Rental Agency available for sale

: Car Rental Agency in Pattaya :

3,500,000 THB

Listing ID# BKK15940


BUSINESS INFORMATION

Province Pattaya
Country Thailand
Business Type Car Rental Agency
Business Started 1998
Employees 5 Person

FINANCIAL INFORMATION

Annual revenue: 7,343,000 Baht
Payroll: 79,000 Baht
Furniture, Fixtures & Equipment
included in the Investment Price:
500,000 Baht
Your Total Investment to own this business: 3,500,000 Baht
Your Initial Cash Investment Needed: N/A
Inventory included in the Investment Price: 6,500,000 Baht

BUSINESS SUMMARY

Established in 1998 this privately owned car rental agency has  5 permanent staff and has shown steady growth with a good profit margin and there is plenty of scope to increase the business.

The business has one work permit entitlement with an option for a second. The office is situated on the main road in Pattaya city, with rear accommodation and forecourt for 12 vehicles and is surrounded by many large hotels. Although the new owner will need to purchase vehicles to rent out, there are plenty of opportunities to purchase low-cose vehicles to rent. The business has great word of mouth and many  long term customers as well as annual customers who come for 3-6 months to avoid the European winter. Due to its location, it benefits from many regular walk – in customers and the business also attracts many customers with its free delivery and collections service at all the hotels. Customer contact is via their website and What’s App & Line Apps. The company has a long list of Google 5-star reviews on Trip Advisor as well.

The majority of the income comes from customers who prefer to pay in cash, rather than using their credit cards at the international car rental companies. However, the company does accept credit cards and has a merchant trading account for those payments as well. The owner is ready to retire after managing the business for 22 years.



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