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Realestate, Rental & Leasing

Profitable Car Rental Business – Serving Uber/Lyft

Santa Monica, CA, USA
Updated 195 days ago

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 and 80 fully in operation today, 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.

Relocatable?

Yes

Management Will Stay?

Yes

Financials

Asking Price
$1.5M
RevenueMost Recent Year
$615K
Earnings (SDE)Last Reported
$111K
Assets Value
Undisclosed
Seller Financing
Yes

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