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DealProspect/Listings/Transport & Logistics

Car Hire Business, Nelson

Car Rental

ActiveTransport & LogisticsB2B
Asking price
~$1,577,068
est. from comparable listings of this type and size · typically within ±30% · NZD
Revenue (est.)
~$1,556,843
Estimated · comparable listings of this type and size · typically within ±30%
Earnings
$430,000
Implied multiple (assumed)
~3.7×
Assumed · comparable listings of this type and size · typically within ±30%

Brief

  • Well-maintained and easy to manage car hire business with a long and proud history in sunny Nelson.
  • Shown excellent resilience through the Covid-19 pandemic, with deep relationships across corporates, government entities and local businesses.
  • Comes with a very modern fleet, with all vehicles less than three years old.
  • Positioned to serve the local market as well as the growing number of tourists visiting the Nelson/Tasman area.
  • Recognised brand with a strong reputation for customer service, reflected in 500+ Google reviews.