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Well Known Limo Service Business For Sale
Location New York,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $5000000
Net Profit / Cash Flow $900000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1994
Number of Employees 35 - 49
Relocatable Not Disclosed
Number of Employees 35 - 49
Real Estate Leased
Reason for Sale Personal.
Description Limousine and Party Bus service with national notoriety. The owner started this business 17 years ago and the business is still growing in a down economy. (The business generates over $5,000,000 in revenue annually with a healthy cash flow of over $900,000.) Property is available for $1,200,000 through the owner. Inventory is valued at current market for $2,000,000.) The reason for this is that this business is very well known and has an excellent following. The business model is different than other companies in the limo industry and they are known for having different limousines than everyone else so people come for all different special events. This operation has over 28,000 customers in database. The company is very well diversified and they don't get any big source of revenue from any one customer so this allows business to be less affected by the economy. The company is well known in New York and throughout the industry as being one of the best companies around. If you want to own one of the most well known and sought after Limousine companies in the US with huge growth opportunity, this is the business for you. The company has been recognized several times in industry publications for the innovation in vehicles that are unique and well kept. Tax returns and P&L will be provided to serious buyers, call broker for more information. FF&E is value of cars. Contact for more information on this limo service business for sale.
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