Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
The growth is attributed to the rising cost of ownership and maintenance of a vehicle in Singapore.
Singapore car rental market is projected to grow at a CAGR of 3.71% during the forecast period to reach US$1.966 billion by 2024, from US$1.580 billion in 2018.
This established player owns 40 vehicles (mainly are Jap's sedans & MPVs), estimated rental income amounts to $62k monthly.
Market value of the 40 vehicles is estimated to be $2.84 mil.
Selling Price = Vehicle Value + $400k Goodwill
https://www.bradfordlimassociates.com/
Disclaimer :All the financial figures in the advertisement are estimates been quoted by the Vendor of the business. Buyers have to exercise their own due diligence. Bradford, Lim & Associates is not liable for any misinterpretation or inaccuracy of the Vendor's financial data.The information in the advertisement is for your references only, and may have changed since we last updated.
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