Car Rental Business - Investment Opp. | Marine Parade

Overview

A car rental business based in Marine Parade is seeking investment, asking S$1,000,000 to S$5,000,000, with no takeover fee and seller financing available. Established in 2001, the business reports monthly revenue of S$200,000 to S$500,000, gross profit of S$100,000 to S$200,000, and net profit of S$50,000 to S$100,000, currently run full-time by the owner with 2 staff. The company operates from a 200 sqft rented office in Marine Parade at S$1,800 monthly rental — a notably small footprint relative to the reported revenue, which suggests the vehicle fleet is likely managed or parked separately from this office; this should be clarified directly with the seller, along with fleet size and location. The seller also references a "secured" revenue relationship with an MNC client, though no further detail on this contract is given. The owner is selling or seeking investment due to a need for capital. This suits an investor looking to enter the car rental and transportation sector, though several aspects of this listing — including the fleet arrangement, the MNC relationship, and an unrelated EV co-ownership concept included in the source material — need clarifying with the seller before the opportunity can be properly evaluated.