Tupelo Data Room
Other Automotive & Boat, Other Service Businesses
Active

Profitable Ride Share Company ($800k+ SDE) with Over 200 Vehicles

Illinois, United States
Asking Price$5m
Revenue$3.13m
EBITDA-
Cash Flow$819k
Description
This highly profitable and 5-year established ride share company offers a rare opportunity to own a business with robust cash flow and significant growth potential. With over 200 vehicles in its fleet and a proven model that generates consistent income, the company enjoys strong top-line revenues exceeding $3M annually and seller discretionary earnings (SDE) surpassing $800K. Weekly renter payments from drivers contribute to a stable and high-margin business, resulting in consistent cash flow. Large Vehicle Fleet: Well-maintained fleet of over 200 vehicles, providing ample capacity to meet current demand and expand services. Established Partnerships: Long-term relationships with drivers and ride share platforms ensure a steady stream of business. Growth Opportunities include: fleet expansion and geographic expansion with the potential to scale operations into new territories and capture untapped markets. This is an ideal opportunity for investors or strategic buyers looking to acquire a highly profitable business in the fast-growing transportation sector. Contact us today for more information and to explore this opportunity further.
Real Estate
OwnedIncluded in Asking Price
Building Size: 23000 sq. ft.
Furniture Fixtures & Equipment
$100k
Inventory
$2.55mIncluded in Asking Price
Business is
Relocatable
Number of EmployeesFull-Time: 9
Year Established
2019
Reason Selling
Moving on to other, current business ventures
Facilities & Assets
FF&E Overview: 224 Vehicles made up of: Chevy Malibu 2022-2023 Nissan Altima 2019-2024, Ford Fusion 2017-2020, Nissan Rogue, Nissan Murano 2018-2022, Toyota Camry 2014-2023, Toyota Prius V 2013-2015 FF&E General Condition: Good to Excellent
Support & Training
Number of Weeks Seller Will Offer Training: 2
Market & Competition
There are very few competitors in this space with a fleet this big.
Growth Opportunities
Limitless based on capital to acquire more vehicles. Up to 1,000 vehicles could be used in a large market such as the Chicagoland area. These cars are rented consistently so that is continued room to expand while also exploring other markets.
Asking Price$5m