Car Rental Business Seeking Investment In Vadodara
About Business
This is a self-drive car rental business offering vehicles on rent for short-term and flexible use. It mainly serves tourists, working professionals, and local customers who prefer to drive on their own rather than rely on hired drivers.
How the Business Operates
The day-to-day operations are managed through a structured system covering bookings, vehicle upkeep, and documentation. The vehicles are kept in good condition, and the process is designed to be simple so customers can book and use the service without much hassle.
Customer Offering
Customers are offered flexible rental options depending on their needs, whether it is for a day, a weekend, or longer durations. The service also includes round-the-clock support and a straightforward booking process.
Track Record
The business has been running for about two years and has built a base of repeat customers. Growth has been consistent, and customer retention has been stable over this period.
Market Opportunity
There is increasing demand for self-drive rentals, especially among people planning road trips or looking for more control over their travel. This trend supports steady usage of the existing fleet.
Future Scope
The business can be expanded by adding more vehicles and gradually entering new locations. With demand for this segment continuing to grow, there is room to scale operations over time.
Clientele type
The business serves a mix of tourists and travelers who prefer independent mobility, corporate professionals requiring short-term transport, and local residents using rental vehicles for personal needs such as outings or special occasions.
A strong portion of demand comes from repeat customers, with around 40% of bookings generated from returning users, indicating consistent service quality and customer trust.
Premises
LEASED
Lease per month (in INR): 15.00 K
Security Deposit (in INR): 15.00 K
Carpet Area: 500 sq ft
Asking Price Includes
The terms of the transaction will be finalized in discussion with the prospective investor.
Asking Price
INR 80.00 L
Minimum ticket size
INR 45.00 L
Reason
The total investment is allocated towards acquiring three mid-variant electric SUV vehicles, along with expenses for registration, basic safety equipment, and initial working capital.
The investor will receive an equity stake or profit share in the business, with no involvement of land or heavy machinery assets.
Licenses
Trade License & GST Registration
More Details
The business is currently managed and operated by the founder, who has around two years of hands-on experience in the self-drive rental segment. All key functions, including vehicle procurement, maintenance coordination, customer bookings, and fleet management, are handled directly, helping maintain cost efficiency and healthy margins.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
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