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Limousine Company For Sale
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $368000
Net Profit / Cash Flow $219800
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1996
Number of Employees 10 - 19
Relocatable Yes
Number of Employees 10 - 19
Real Estate Leased
Training As needed.
Reason for Sale Retiring to another state ... Divorce forces sale.
Description This Limousine Company for sale is a homerun for anyone in the business. It is a class act with a full bridal suite and wedding center paying rent as a sub-tenant as the synergy of all the companies under one roof compliment each other. Here is the layout beautiful. 1 year old 600k build out with a second floor that is totally finished but not rented yet.
1)florist dept: 2) tuxedo dept) 3) entertainment dept) 4) photography dept) 5 ) pastry Chef (wedding cakes) 6) Hair Salon Studio 7) Limo co and wedding favor and invitation business owned by the seller of the entire package.
The business's(1-6) mentioned above are not for sale but the all pay a total of 9,000 a month rent to the owner of the loom company who is paying 5500.00 triple net. so all the business's in the building help your business and each other and you profit from it monthly, The limo company has 3 2003 town cars, 1 white 10 passenger, 1 white 2003 10 passenger car that are all paid for and in mint condition, all business documents and every penny is verifiable. 2- 25 tom hvac units on roof, brand new facility with a billgate automatic door leading to a 3000 sq foot storage room where an assortment of party renal accessories are stored that new the owner about 8k yearly and all owned free and clear. Than company just acquired another company AS OF 12-13-19 that will generate another 78k in limo airport accounts not projected in the net yet...This business is clearly a homerun for someone in the business and the option to purchase the property is available for $1.2 million make this very enticing. see the listing agent for additional benefits that will sell any operator on this opportunity.
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