N.J. Limousine and transportation company - 24645 Business Type: other business services,passenger transportation / ambulette,professional services,misc. service/non-classifiable,owner financing available
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $650,000 | Down Payment | $450,000 |
| Gross Revenues | $1,195,484 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $320,210 | Number of FT Employees | Register Free to View |
Financing
$450,000 Down and 2 years financing @ 7%
Business Description
Semi-Absentee N.J. Limousine and transportation company w/ Verifiable Cash Flow of over $289k yearly. Business Owner Guarantees 30% more gross sales w/ a hands on Owner. Clients give lots of referral business. Company offers airport (Only limo service at home based airport), private, corporate, point-to-point, charter and specialized limousine services such as weddings, parties, graduations, etc. Business is well established (8 years) and well run. Averages over 30 rides per day. Seller Financing Available, Proof of Funds Required, This is a great opportunity to earn a safe, better-than-average return on your investment.
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.
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