Well Known Profitable Limo Business For Sale
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $350000
Net Profit / Cash Flow $130000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1990
Number of Employees 6 - 9
Inventory 75000
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Description This well established profitable limousine company has been established for over 20 years and has a fleet of nine vehicles including 3 luxury buses. There is equity in the fleet which is included in the purchase price. Some of the vehicles are paid off and they are all included in the sale. They receive referrals from numerous sources and service almost half a dozen catering halls on long island which can definitely be expanded with a little more marketing. They have an excellent reputation and a more aggressive owner will be able to expand their presence on long island. They have a great hi visible location, an excellent fleet of vehicles including luxury buses, corporate accounts, catering halls and a thriving wedding and party business. In addition they have low overhead with an excellent lease and rent of less than $2,400 per month. Please refer to listing number #2014 when inquiring about this opportunity. Contact for more information on this limo business for sale.
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