Car Subscription and Used Auto Dealership in Broward County

This established automotive business, founded in 2018, operates a dual-model strategy encompassing a flexible car subscription/short-term lease service and a used auto dealership. The subscription model offers customers vehicle access without ownership burdens like down payments, maintenance, or long-term contracts, appealing to those needing temporary transport or lacking credit history. This generates consistent, recurring revenue and high customer retention. The business also maximizes asset recovery by efficiently reselling vehicles rotating out of its fleet. With $4.2M in gross revenue and $1.06M in total income, the business is well-positioned for growth. It boasts substantial inventory valued at over $4.4M and employs 12 staff members. The asking price is $6.5M.