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Updated: 23-08-2017

Car Rental Company And Shop For Sale - 1950

Car Rental Company And Shop For Sale Tenerife

Basic Info

Reference: 1950
Type: Non Catering businesses
Status: For Sale
Price: €220,000
Ownership: Leasehold
Monthly Rent: €2,000
Location: Golf del Sur
San Miguel de Abona


If you are looking for a fully operational business with many possibilities, then this is a great option. This car-rental company has been established since 1997 and is placed in the South of Tenerife, which has tourists visiting all year round. Furthermore, the office of the business also works as an excursion shop, money exchange, and property agencies. This business is a perfect opportunity for an entrepreneur who wants to enter the market with an already established business, but at the same time has the energy and vision to evolve the business.

The company is placed in a prime position Golf del Sur. The office is a fronted shop in a prime. From the shop is direct access to 2 large garages. First, of the garages is used for car wash and preparation and the other one is a fully equipped car repair shop with 2 post hoist, plus various parking bays. In front of the large garages is the community parking where all the cars are parked. Also, the rental business includes about 30 cars, which is valued about 105,000€. The owner has not purchased new cars for the last 3 years.

Today the business is run by 2 ladies working in the office and a mechanic. However, with a new daily leader who is ready to push the businesses – both the car rental and property agent part – this business can expand significantly.

The current owner opened the shop 20 years ago but he is semi-retired now and therefore he wishes to sell either the lease- or the freehold.

Other purchase options
Note the owner also owns the freehold of the shop and the 2 garages, which he will be willing to sell as well. See the freehold option here: Freehold Car Rental Company In Tenerife - 1951


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