
4M
AED · Asking price
High-Margin 18-Year Dubai Garage with Fleet Contracts
Dubai, United Arab Emirates
3- Revenue
- AED 1.1M
- Profit
- AED 210K
- Multiple
- 19.0x





Dubai, Dubai, United Arab Emirates
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.
Deal information
Company: Luxury Wheels Cars Rental LLC
Asking price
AED 1.3M
Revenue
AED 540K
Profit
AED 300K
Multiple
4.3x
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Illustrative image. This photo may be AI-generated and may not show the actual business or its assets.
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.
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.
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.
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.
Open for ful exit or partnership.
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