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Business for Sale Summary

Lucrative Limo company - 25840

Business Type: misc. servicel/non-classifiable,other business services,passenger transportation / ambulette,professional services,travel agencies,special situations,passenger transportation / limo
Lucrative Limo company
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Financial Information (non-confidential)

General Information
Asking Price $219,000 Down Payment $169,000
Gross Revenues $122,000 Lease Remaining Register Free to View
Owner’s Cash Flow $66,601 Number of FT Employees Register Free to View

Financing

$169,000 Down and $50,000 over 36 months @ 7%

Business Description

A one man show Limousine company with more than 500 plus repeat customers. 14 years in business with good name but has to give away profitable runs due to lack of help. New operation with decent help can easily double the business as current owner drives, repairs, changes oil and hand wash & wax his 5 limousines that comes with the purchase of the business. It is HARD to find limo company for sale like this as the current owner has no website and has all upside for next owner and is ready to help next owner not only with transition but also is ready to work for next owner. Also, current owner has hardly raised his prices in last 14 years!

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.