Successful Self Drive Van Hire Business For Sale

Business description

The business operates as a commercial van rental company. It currently has 10 LWB Transit vans, and offers plenty of scope to expand. 90% of the vans are rented out on a long-term basis, generating a steady monthly income. The business is easily run single-handed and is very well established. It has been operating for over 8 years. We feel that the business would be an ideal add-on to other vehicle rental or leasing companies.

Property information

Property:

Leasehold

Lease terms:

The premises are currently on a 3 year lease but has written consent to extend to a 10 year lease if required. Current Rents Total £14,000 per annum

Location:

The business has recently been successfully relocated to a Business Park in Hockley, Essex. The site offers a large covered unit and a secure enclosed yard, with a small office and toilets.

Other information

Expansion potential:

This business offers an excellent opportunity for the successful buyer who is seeking a well run established business, with the capacity to increase turnover and to expand the current fleet substantially.

Competition / Market:

We are one of the longest trading van hire companies in the area and therefore have a well established return client base as well as customers that have been on our books for years.

Support & training:

Comprehensive support and training will be provided to the successful purchaser.

Reasons for selling:

Relocation

Trading hours:

24/7

Inventory / Stock value:

£50,000 (included in the asking price)