Well Known Tuxedo & Limo Company
Location New York,United States
Asking Price Range < $250K
Gross Revenues $312000
Net Profit / Cash Flow $81015
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Other business interests.
Description This well known Tuxedo and Limo Rental Business for sale is a corner store located at a major busy intersection in Kings County. Aprox. 65% of the business is walk in. The business does aprox 80% of its business catering to weddings, proms. It is open all year but its busiest season is from August through October. The owner sub rents the tuxedos and limos and captures the spread. There are no cars or tuxedos in inventory to worry about. A new owner could buy tuxedos or limos and make a lot more money. This business would have a special value to someone in the tuxedo or limo business but no experience is necessary to run and grow this business. In good or bad times people still need limos for weddings and proms. Grossing $312,000 with a net of aprox. $81,000. If you're looking for a well established, simple business to run and have upside potential then this is a definite must see so inquire now.
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