699 Rent A Car Company Profile
Background
Established in 1997, 699 Rent A Car is a car rental service headquartered in Van Nuys, California. The company offers both short-term and long-term vehicle rentals, catering to customers in California and Nevada. With a focus on affordability, 699 Rent A Car aims to provide cost-effective transportation solutions to its clientele.
Key Strategic Focus
699 Rent A Car specializes in offering highly discounted car rentals, targeting long-term tourists, insurance replacements, and local customers with extended rental needs. The company operates three locations in the Los Angeles metropolitan area and has plans to expand to Las Vegas, San Francisco, and San Diego.
Financials and Funding
As a privately held company, 699 Rent A Car does not publicly disclose its financial information. However, it is estimated to have an annual revenue between $0 and $1 million.
Leadership Team
The company is led by CEO John Semerc, who has been instrumental in guiding 699 Rent A Car's operations and strategic direction.
Competitor Profile
Market Insights and Dynamics
The car rental industry in Los Angeles is highly competitive, with numerous providers offering a range of services to meet diverse customer needs. The market is characterized by both large, well-established companies and smaller, independent operators.
Competitor Analysis
Key competitors in the Los Angeles car rental market include:
- Enterprise Rent-A-Car: A major player offering a wide selection of vehicles and locations.
- Xpress Auto Rental: Known for quick service and flexible rental terms.
- Midway Car Rental: Offers a range of vehicles, including luxury options, catering to various customer preferences.
These competitors provide similar services, often with larger fleets and more extensive networks.
Strategic Collaborations and Partnerships
There is no publicly available information regarding strategic collaborations or partnerships involving 699 Rent A Car.
Operational Insights
699 Rent A Car differentiates itself through its focus on affordability and personalized customer service. By maintaining a smaller, localized operation, the company can offer competitive rates and cater to specific customer needs, setting it apart from larger, more impersonal rental agencies.
Strategic Opportunities and Future Directions
The company's planned expansion into markets such as Las Vegas, San Francisco, and San Diego presents opportunities for growth and increased market share. By leveraging its existing strengths in affordability and customer service, 699 Rent A Car can establish a foothold in these new locations and attract a broader customer base.
Contact Information
- Website: 699rentacar.com
- Social Media: Facebook
- Locations:
- Van Nuys, CA
- Los Angeles, CA (Hollywood)
- Los Angeles, CA (Mar Vista)
Please note that some locations may have closed; it is advisable to check the company's website or contact them directly for the most current information.
