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Experience the Success of this Car Subscription Business!

Broward County, FL
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Cash Flow:$2,008,753
Inventory:$6,000,000
Established Year:2019
Gross Revenue:$3,170,821
FF&E:$10,000
Listing ID: 2254448Listing provided by BizBuySell
BUSINESS DESCRIPTION

Recurring Revenue Model

This innovative company provides a flexible and convenient alternative to traditional car ownership and leasing. With a diverse fleet of over 240 pre-owned and certified vehicles, including luxury SUVs, everyday cars, and sporty convertibles, they cater to a wide range of preferences and needs. Their subscription plans are designed to offer maximum flexibility, with options for both short-term and long-term commitments, ensuring there's a perfect fit for everyone. No matter which subscription plan customers choose, each one comes bundled with comprehensive warranty maintenance and 24/7 roadside assistance. This ensures a hassle-free driving experience, allowing customers to enjoy the freedom of the road without any worries. By prioritizing convenience and peace of mind, the company delivers a seamless and enjoyable driving experience.

DETAILED INFORMATION
Location
Broward County, FL
Inventory
Included in asking price
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Our car subscription facility is designed with customer comfort and convenience in mind, featuring a spacious seating area where clients can relax while waiting. Our team of expert advisors is on hand to provide personalized consultations and assist with all subscription needs. The facility boasts a diverse fleet of over 240 vehicles, ranging from compact cars to luxury sedans and eco-friendly models, all meticulously maintained in our state-of-the-art maintenance bays.
Competition
This company distinguishes itself with transparent pricing, no hidden fees, and an all-inclusive package covering maintenance, insurance, and roadside assistance. We offer seamless technology integration for easy vehicle management and swaps, alongside flexible subscription terms tailored to individual needs. Furthermore, our commitment to sustainability with a range of eco-friendly vehicle options and a customer-centric approach ensures that we deliver unmatched value and satisfaction compared to other competitors.
Growth & Expansion
This company is currently in the process of expanding into Miami-Dade County with the intent of providing their services to travelers from Central and South American and the Caribbean. With DriveOn expanding into Miami-Dade County, it presents an array of substantial growth opportunities due to the area's vibrant economy and high population density. The diverse demographic and increasing trend towards flexible, on-demand services can drive significant demand for subscription-based vehicle options.
Support & Training
Will train for no cost for 20 business days following closing.
Reason for Selling
Other Business Opportunities
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Joshua
D. Sagman
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Phone Number
Joshua D. Sagman
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