2024
Strong Investment Opportunity – Car Rental Company for Sale (Riyadh)
Car rental company established in 2014, with a strong reputation and government contracts, available for sale.
📍
• City: Riyadh
• Number of Branches: 3 branches
• Prince Bandar bin Abdulaziz
• King Abdulaziz Road
• Al Janadria (Main Branch + Workshop + Oil Change)
🚘 Fleet:
• Number of Cars: 157 cars
• Most cars are end-of-lease (ready without financing obligations)
💰 Financial Performance:
• Monthly Revenue: 340,000 – 415,000 SAR
• Outstanding receivables under collection: 2,000,000 SAR
🏢 Contracts:
• State Security
• Saudi Ministry of Foreign Affairs
• Royal Commission for Jubail and Yanbu
👉 Strong contracts that enhance income stability
✅ Additional Features:
• No violations or financial claims
• Ready operational infrastructure (branches + workshop)
• Established business ready for immediate expansion
💡 Reason for Sale:
(Expansion into another activity)