Long Established Limo Company For Sale
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $400000
Net Profit / Cash Flow $180900
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2010
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Yes.
Reason for Sale Personal.
Description 17 year thriving limousine business. 80% corporate. Vehicles consist of 3 stretches, 1 SUV and 2 Town cars all black. About 2 years left on loans. Does business in the Tri State, across the US and London. About to sign a contract with a major bank which will require purchase of more vehicles. Owner would like to stay on, and wants 5% of profits derived from contract with bank for a period of 5 years. Numbers do not reflect additional revenues which will be derived after contract is signed with bank.
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