Independent Car Hire Business Located In Newquay, Cornwall. Located at Newquay Airport. Includes £20K Of Assets. Relocatable.
This respected car hire business, located in Newquay, is offered for sale. Established in 2000, the business has been family-operated ever since and is now being offered for sale due to a wish to relocate overseas.
Cornwall Car Hire Limited offers flexible, hassle-free car hire across Cornwall, with locations in Newquay, St Austell, Bodmin, Truro, Redruth, Liskeard, Camborne, Penzance, Falmouth and St Ives.
The company is being sold as a limited company, making the transfer of the existing car hire contracts straightforward. The sale also includes a VW Crafter mobile office, which is fully equipped, together with six websites and social media accounts.
For the year ended 31st December 2023, the company reported an annual turnover of £217,991 and a net profit of £55,605. Based on these figures, the asking price represents an attractive opportunity for a purchaser.
We believe the business would suit an existing car hire company looking to expand through acquisition, or another car-related business with its own premises looking for a complementary bolt-on operation. The business has built a strong reputation within the local community and beyond and benefits from a 4.8 Google rating from 84 customer reviews. This represents an excellent opportunity to acquire an established, turnkey operation with significant scope for further growth. Early viewing is therefore highly recommended.
