Carlas Services Incorporated | Application Preview
Carlas Services Incorporated is applying for government grants to expand its luxury car rental business. The funding will be used to acquire more vehicles to meet the growing demand for foreign cars. With established dealer relationships, the company is able to purchase vehicles, such as a 2012 Mercedes E-350 Sport, significantly below market value—around $7,600 compared to its current value of at least $14,000.
The business plan looks to increase the fleet to at least 20 vehicles within 24 months, generating sufficient revenue to invest in other ventures, including supporting a halfway home for drug addicts and a nursing agency initiated by the owner's sister.
The applicant highlights personal background, noting that they immigrated to the U.S. at age 13 with no English and have since recognized the importance of building assets for long-term success. The business aims to make luxury car rentals accessible to individuals with poor credit or without a credit card, setting it apart from competitors like UBER Rents and Hertz Rentals which have stricter leasing requirements.
The competitive edge of Carlas Services lies in its focus on a niche market—customers who may not qualify with traditional rental companies but still desire quality vehicles. By improving accessibility to foreign car rentals, the business not only serves its clientele but also seeks to grow its operations and invest in various property ventures.
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General Information
Business Registration Number: 842522062
Location: peabody, MA, United States
Length of Operation: 8 months
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
My plan is to buy more assets for the company, sense i have a higher demand rate for my foreign vehicles and I currently don't have enough cars to support my client base. Each of the vehicles that I currently own cost me less then market value because of my dealer license and relationships I have with dealers in my area. The most expensive car I've purchased currently is the 2012 Mercedes E-350 Sport, which came with 115k Miles at $7,600. The current value for this car is at least $14000 minimum at any local dealers or major dealers.
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Business Plan
My plan is to expand my business within 24 months to at least 20 or more vehicles. The purpose of the vehicles, is to build up enough revenue on a daily and weekly basis to invest in other small business and my older sister who is a doctor trying to build up a halfway homes for drug addicts and a nursing agency. I am a young black Haitian American who came in this country at the age of 13 with not a cent of English word. I graduated Everett High School class of 2009 and I quickly realized in this economy/country the only way to succeed is by owning and building assets for residual revenue. The two most important assets for any regular individual is Transportation or Home (roof over head). I started the luxury car services to make it way more affordable for everyday consumers without good credit or a max credit card to rent out beautiful foreign cars at Turo prices without extra requirements. My plan is to build a foreign car fleet big enough not only to support my other small business ventures, but to also buy and own multiple different properties for commercial space and for rent.
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Self Identified Competition
UBER Rents Hertz Rentals Enterprise Rentals Each of these companies requires you to have a Good or Average Credit score and a Max Credit Card in order to lease or rent one of their foreign vehicles. Granted I might not have the newest 2019 or 2020 Mercedes or BMW because of the price tag, but i still have the coolest 2012 and 2013 Benz and Bmw sport package of that year which my customers still find absolutely beautiful. Their is a all market of consumers without those qualifications, max credit card, or good credit which I profit and provide services for.
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Contact Applicant
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