Business for sale in Barrio del Centro, Alicante / Alacant city, Alicante

Location: Costa Blanca, Spain
Indicative asking price: €1,500,000
Established: 2022

An opportunity is available to acquire an established and operational car-rental business serving the Costa Blanca tourism and local rental markets.

The business was established in 2022 and has developed an operating platform supported by an established online presence, customer enquiry channels, reservation facilities and multilingual customer service.

Fleet and Business Assets
The business currently operates a fleet of approximately 80 vehicles. The vehicles are owned by the business or its owners, rather than being held under conventional fleet-rental arrangements.

The fleet includes a broad selection of vehicles suitable for different customer requirements, including economical city vehicles, compact vehicles, family vehicles, manual and automatic vehicles, sport utility vehicles and larger multi-passenger vehicles.

Customer Offering
The business provides a flexible and personalised rental service to local residents, expatriates, international visitors and holidaymakers. Its service offering includes short-term and longer-term rentals, airport-related collection and delivery services, flexible vehicle handover arrangements and multilingual customer assistance.

Customers are able to make enquiries and reservations through the business’s existing online platforms. The business has positioned itself as a convenient and customer-focused alternative to larger and more impersonal rental operators.

Premises
The business operates from rented premises at a monthly rental cost of approximately €800. This amount includes the associated service-access costs advised by the owners.

Online Presence and Goodwill
The proposed transaction is expected to include the operating business, relevant goodwill, customer-facing websites, online enquiry and reservation facilities, and operating procedures.

The transaction is also expected to include the owned vehicle fleet, subject to confirmation of the final sale structure and asset schedule.

Growth Opportunities
A purchaser could expand the business through increased digital marketing, improved online booking conversion, partnerships with hotels and holiday-accommodation providers, relationships with estate agents and property managers and referral arrangements with tourism and leisure businesses.

Further growth may be achieved through longer-term rentals, corporate and expatriate rental packages, seasonal pricing, expansion of the fleet and improved vehicle utilisation outside the peak holiday periods.

The business provides an established platform from which a purchaser can expand without having to develop a car-rental operation from the beginning.