Profitable Classic Car Rent Biz in Tx Wedding Hub
| Cash Flow: | $69,591 |
| EBITDA: | $81,955 |
| Established Year: | 2015 |
| Gross Revenue: | $188,630 |
| FF&E: | $763,800 |
Profitable Classic Car Rent Biz in Tx Wedding Hub
This company offers a unique and highly profitable opportunity in the growing niche of classic car rentals for special events. Located in Texas—in what is called “the "Wedding Capital of Texas"—this company has established itself as a top-tier provider of museum-quality classic cars for weddings, photoshoots, and movie productions. Founded in 2015, this company moved to its current location in 2020, increasing visibility and appeal to the Central Texas wedding market. With over 18 vintage vehicles, including four highly sought-after Rolls Royces, it generates a significant share of its revenue from wedding rentals, with other revenue streams including partnerships with prominent brands such as BET TV, The Food Network, Gucci, and Nike.
In 2023, the company completed 220 rentals, with a projected 280-300 for 2024, demonstrating consistent growth in the local and statewide markets. The company maintains an impeccable reputation with five-star ratings across platforms like Yelp and Google, supported by referrals within the wedding industry. Operations are streamlined with a dedicated certified mechanic for maintenance and a pool of reliable contract drivers, ensuring seamless customer experiences.
The business has minimal competition in its service area, offering excellent opportunities for expansion into other metropolitan regions like Dallas and Houston. It includes all necessary assets, such as the fleet of classic cars, website, contracts, and proprietary booking processes, making this a turnkey operation for a buyer seeking a high-potential investment.
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