Profitable Dubai Rent-a-Car Business with B2B Contracts
Profitable Dubai Rent-a-Car Business with B2B Contracts
Profitable Dubai Rent-a-Car Business with B2B Contracts
Profitable Dubai Rent-a-Car Business with B2B Contracts
Profitable Dubai Rent-a-Car Business with B2B Contracts

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Profitable Dubai Rent-a-Car Business with B2B Contracts

Car Hire ServicesDubai, Dubai, United Arab EmiratesVerified

Deal information

Est. 2024Car Hire Services
Asking price
AED 1.3M
Revenue
AED 540K
Profit
AED 300K
Multiple
4.3x

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Description

Established car rental business in Dubai since 2023, operating a 33-vehicle fleet with a stable B2B corporate contract base. Generates approximately AED 540K in annualised revenue with AED 300K net profit. Asking price AED 1,300,000 excludes the vehicle fleet — buyer acquires the operating setup, contracts, staff, systems, and market presence.

Reason for sale

Open for ful exit or partnership.

Products & services

Car rental business operating a 33-vehicle fleet in Dubai, with a primary focus on B2B corporate rental contracts providing stable, recurring demand. Fleet composition: 18 vehicles are 2025 models under bank finance, 7 vehicles are 2021 models, and the remaining 8 are 2023 models. Services include daily, weekly, and monthly rentals, airport transfers, and chauffeur-driven options. The business also serves walk-in and online retail customers for short-term hire. Revenue is primarily from long-term corporate leasing contracts, supplemented by short-term retail rentals. The asking price excludes the vehicle fleet — the buyer acquires the operating setup, contracts, staff, systems, and market presence; fleet terms are negotiated separately.

Customers & market

The business has a strong B2B focus, with corporate rental contracts forming the backbone of recurring revenue. This provides predictable demand and lower customer acquisition costs compared to pure B2C rental operations. The UAE car rental market is estimated at approximately AED 12 billion (Ken Research), with the broader GCC market projected to reach $11.9 billion by 2030 at a 6.7% CAGR (IndustryARC). Dubai's tourism recovery, major events, and corporate sector growth continue to drive demand for both short-term and long-term vehicle rentals. The business's B2B contract base provides insulation from seasonal tourism fluctuations.

Operations & team

The business operates from a business centre office of approximately 130 sq ft in Al Qusais, Dubai, with a monthly rent of AED 1,300. The team consists of 3 staff members, all on company visas: one admin, one driver, and one operations manager who is also a 20% partner in the business. Monthly salary expenses total approximately AED 8,000. The founding owner holds 80% and is actively involved in daily operations. The business is fully licensed as a Dubai LLC with a valid commercial licence (expiry January 2027) and good credit standing. The owner is seeking a full exit or partnership to raise capital for a new business venture.

Growth opportunities

1. Fleet expansion — adding more vehicles to the existing B2B contract base could scale revenue proportionally with minimal additional overhead. 2. B2C and ride-hailing diversification — entering the consumer short-term rental and ride-hailing partnership segments to complement the B2B base. 3. Premium and luxury segment — adding higher-end vehicles to capture Dubai's premium tourism and corporate executive market. 4. Digital booking platform — investing in a proprietary online booking system to reduce third-party platform dependency and capture direct retail customers. 5. Government and institutional leasing — targeting government departments and large institutions for long-term fleet contracts. 6. Fleet management services — offering managed fleet services to companies that own their vehicles but outsource maintenance and operations.

Revenue and earnings by year

What the seller filed for each closed financial year, plus a trend for next year worked out from those years. The full accounts and the line-by-line detail sit behind an enquiry.

RevenueEBITDA
Financial yearRevenueEBITDA
FY2024AED 540,000AED 300,000

Valuation

The seller's own method comes first. The other tabs read the same figures a different way — only methods the seller's figures can actually answer are shown.

SDE multiple

Seller's methodPrepared by AI

AED 1,299,000

SDE AED 300K × 4.33

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Asking price

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