See Similar Listings

Profitable Classic Car Rental Business with 23-Car Fleet

Los Angeles, CA
Asking Price:$900,000
Inventory:$530,000
EBITDA:$113,000
Established Year:2014
Cash Flow:$300,000
Rent:$4,000/Month
FF&E:$5,000
Listing ID: 2283140Listing provided by BizBuySell
BUSINESS DESCRIPTION

Largest in LA

Business Overview
Business Name: AAA Auto Leasing LLC (One Stop Classic)
Location: Los Angeles, CA (4 blocks from LAX)
Years in Operation: 10+ years
Fleet Size: 23 classic vehicles
Summary:
AAA Auto Leasing LLC specializes in classic car rentals for both tourists and production companies. Located 4 blocks from LAX, the business enjoys steady demand from film studios and tourists. Its fleet of 23 classic cars (1950s–1990s) is well-maintained and highly sought after. The company has earned a reputation for excellent service and reliability, driving consistent revenue growth.

Revenue Streams
Production Rentals (Stationary & Long-Term):
Key revenue comes from production companies renting vehicles for movies, TV shows, and commercials, often for extended periods.
Tourist Rentals:
Tourists frequently rent classic convertibles for short-term experiences, adding to a steadily growing market.
Chauffeur Services:
Chauffeured rentals, especially for weddings and events, are in high demand, though the business currently handles one booking per day.
Wedding Photo Shoots:
Vintage cars are highly popular for wedding photo shoots, offering a unique niche revenue stream.
Financial Overview
Revenue:
2020: $204,000
2021: $346,000
2022: $379,000
2023: $222,000
Expenses:
Rent: $4,000/month
Maintenance: Monthly retainer with a mechanic
Insurance: Fleet fully insured
Payroll: Minimal, owner-operated
Marketing: None (all traffic via organic search)
Growth Potential:
Revenue is expected to rise with new 10 vehicles added in August 2024. Increasing marketing efforts and hiring additional staff for chauffeured services and deliveries can further boost income. Financial documents are available upon signing an NDA.

Strengths and Growth Opportunities
Strengths:
Prime location near LAX
10 years of operation with a loyal client base
23-car fleet of well-maintained classic vehicles
Flexible lease, low overhead
Growth Opportunities:
Expand chauffeur services with additional staff
Target wedding/event planners for more photo shoots
Implement digital marketing to attract tourists
Expand the fleet for corporate events and promotions
Develop long-term contracts with production companies

Fleet Overview
The fleet includes 23 classic cars, all with clean titles and insurance. Highlights include a 1957 Porsche Speedster replica, 1965 Lincoln Continental, 1957 Ford Thunderbird, 1957 Chevrolet Bel Air Coupe, 1969 Pontiac GTO Judge, 1964 Ford Mustang Convertible, and 1967 Pontiac Firebird Convertible. The total fleet value is estimated at $530,500, and all vehicles are regularly serviced by a trusted mechanic. the full list of cars are available upon request


Asking Price and Deal Structure
The asking Price: $900,000, which includes the fleet, assets, and goodwill. The owner is open to seller financing for qualified buyers and will provide up to 3 months of training to ensure a smooth transition.

DETAILED INFORMATION
Location
Los Angeles, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
6,000
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Facilities: The business operates from a facility 4 blocks from LAX, housing up to 25 vehicles on a flexible $4,000/month lease. Assets: Fleet of 23 classic cars (valued at $530,500), including iconic models like the 1957 Porsche Speedster and 1965 Lincoln Continental. Automotive tools, spare parts, and detailing equipment for maintenance. Website, social media, and business phone number for client bookings. All licenses, permits, and insurance are transferable.
Competition
Located in Los Angeles, the business taps into two key markets: production companies and tourists. The entertainment industry consistently demands vintage cars for movies, TV shows, and events. Additionally, tourists are drawn to classic cars for unique driving experiences. Competition is limited, with few classic car rental businesses offering the same variety and quality. AAA Auto Leasing LLC’s long-standing relationships and reputation give it a competitive edge.
Growth & Expansion
Pros: Expand Chauffeur Services: Hire staff to handle more bookings, especially for weddings and events. Digital Marketing: Invest in online ads to boost tourist and event bookings. Increase Fleet Size: Adding more vintage or specialty cars can attract corporate clients. Cons: Staffing Costs: Expanding operations may increase payroll expenses. Marketing Investment: New campaigns will require upfront costs.
Support & Training
The owner is committed to ensuring a smooth transition and is offering up to 3 months of training and consultation. This includes guidance on managing operations, client relationships, and fleet maintenance. The new owner will also receive training on the booking systems, website management, and key industry contacts.
Reason for Selling
The current owner, at 65 years old, is ready to retire and spend time with famil
BUSINESS LOCATION
Report an Issue with this listing
Abraham Ruffei
Phone Number
Abraham Ruffei
Call Phone