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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   New York Businesses For Sale Categories   >>   

Corporate Limousine And Black Car Service

Location  New York,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $907835
Net Profit / Cash Flow  $264765
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1979
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Leased
Reason for Sale  Retirement.
Description  Corporate Limousine and Black Car Service Business For Sale. YOU MUST READ THIS ENTIRE DESCRIPTION OR YOU MAY MISS THE BEST OPPORTUNITY I REPRESENT! This is not your typical limousine service. For over 30 years this business has been family owned and operated. ALL NUMBERS ARE RECORDED AND VERIFIABLE! They strictly handle corporate accounts. That means no party buses, no proms, weddings, bachelor/bachelorette parties, etc. That is a huge market a new owner can tap into to increase sales while maintaining a steady base. The sale price includes 8 vehicles (5 stretch limousines and 3 town cars). All vehicles will be transferred free and clear of any liens, note payments, etc. The business can be operated from anywhere with a phone and Internet enabled computer. In 2010, the conservative end of year sales will be approx. $985,000 with a (VERY CONSERVATIVE) Net Income of $264,765. Current owners and employees are all W-2 employees. All drivers are W-2 employees. This is very rare for the transportation industry. They use Limo Whiz software to manage the business. They cover jobs from NY, NJ and CT. All vehicles have GPS tracking. We are looking for serious and financially qualified buyers with at least $650K for a down payment. If you fit these criteria, call or email Mel Vaz today at 631-909-1095.
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