Long Island Limousine Company For Sale
Location New York,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1300000
Net Profit / Cash Flow $470000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1987
Number of Employees 20 - 34
Inventory 325000
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Description This Well Established Limo and Transportation Company has been servicing their clients for the past 25 years. They have a strong corporate clientele from a variety of industries and are known for providing excellent service. They have a phenomenal busy location with tremendous visibility. They have a fleet of 14 vehicles which are included in the sale. There is equity in the fleet which is included in the purchase price. This profitable business has low overhead, for their rent is less than $3,500 per month. The business currently does not invest any money into advertising, marketing or sales and still consistently is profitable. The Company has been relying on its reputation and location. A more aggressive owner which developed an advertising, marketing and sales campaign would be able to tremendously increase the revenue and the earnings of the business. This is a Profitable, Sleeping Giant that has Unlimited Potential to Grow. Please refer to listing number 11367 when inquiring about this opportunity.
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