Wanaka Rent A CarListing: #CS00417
About this Business for sale in Queenstown-LakesWanaka Rent A Car
Wanaka Rent-A-Car was established over 20 years ago and operates exclusively in the Queenstown Lakes district. This well-established business is now on the market for the first time!
The business originally operated solely as a second-hand car sales dealer. However, due to growing demand from customers and general enquiries for car rental services, the owners established the car rental business. This part of the operation now has a fleet of 37 vehicles (approx.) and accounts for most of the sales.
Reasons to buy
- Prime location in central Wanaka
- Easily managed by a couple or 1 person and a groomer
- Office/reception building with storage included in the sale
- 80% (approx.) of Wanaka Rent-A-Car customers are from overseas
- Fleet of 37 vehicles and all carefully chosen for Central Otago conditions
- One third (approx.) of hires are long term
- Tourism for NZ is now a major export earner and experiencing tremendous growth
A carefully chosen range of Cars, Station Wagons, Large and Small 4WD and a range of 8 seater 4WD and 10 seater 4WD are available for short or long term hire. On offer also are a range of accessories including ski racks, top cases and snow chains. Wanaka Rent-A-Car also provides a popular pick-up and drop-off service from Queenstown International Airport.
Wanaka is one of NZ's fastest growing holiday destinations and future growth from local and international visitors will be enhanced with the potential Wanaka airport development. Located in the stunning alps of the South Island in New Zealand, visitors from around the world are drawn to the Wanaka region by its outstanding natural beauty.
Wanaka has the buzz of a genuine alpine town and is the ultimate hub for outdoor adventures that include, skydiving, canyoning, climbing or mountaineering and there are hundreds of kilometres of tracks for hiking or biking. The crystal-clear water of the lakes and rivers are ideal for kayaking, fishing, lake cruises and jet-boating and scenic flights. In winter, Wanaka is a vibrant centre for skiers and snowboarders with four ski areas just a short drive from the town.
Tourists from China are developing a fondness for self-driving tours outside their country. Despite obvious difficulties, their most popular destination is the US. Australia is the third most popular and Canada is number four. All three countries have wide open spaces for long road trips. But believe it or not, New Zealand is number two on this preference list. No wonder rental car sales have been strong here. (Source: interest.co.nz May 2019)
Growth prospects for this business are potentially very attractive. The current owners have built Wanaka Rent-A-Car into a successful and sustainable business and after 20 years are looking for a change. They feel it is time for a new motivated owner to take the business to the next level.
Price plus GST (if any).
To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business. Please contact the broker for further details.
+64 3 366 3394
+64 21 177 9760
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.