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Car Rental And Storage Company In Las Chafiras For Sale

Las Chafiras, Tenerife, Spain
Asking Price:
€1,000,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
Available on request
Net Profit:
Available on request

Very successful family-run car rental business offering car rentals and storage, car wash and valeting, plus long or short-term parking, close to Tenerife South Airport. 600 sq mtr warehouse good lease.

Prime location to also continue the car sales programme.

Established over 25 years with a huge ongoing client base, including Hotels and agents working together.

Operating with 80 cars with no debts. and only 3 permanent staff .(family) + 2 part-time workers

The owner is due to retire and offering assistance for a new owner.

Great opportunity to progress with the re-structured tourist industry and decrease competition since the pandemic
The cost has been reduced due to sale of cars and serious offers are invited

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

renewable (5 year renewal in jan 24 until Jan 29)

Leasehold Rent:

€36,000 per annum

Location:

Prime location close to airport

Premises Details:

600sq mtr warehouse with good ongoing lease agreement

Size in square feet:
6,500

Business Operation

Expansion Potential:

Huge potential with new tourism re-structure

Competition / Market:

Huge competition from large companies ,but captured client base and good reviews

Reasons for selling:

Retirement

Trading hours:

8 - 15.00 but dependent on tourist requirements

Employees:
2 plus 1 part time
Years established:
25 years (14 years from current owner)

Other Information

Support & training:

All support , training and staff offered if required

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Possibly

Furniture / Fixtures value:
€20,000 - included in the asking price
Inventory / Stock value:
€750,000 - included in the asking price
Website:
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Relocatable:
This business can be relocated.