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Business for Sale Summary

Suffolk County, NY Limo & Bus Company For Sale - 28434

Business Type: agents/brokers,business services (b2b),best deals!,new to market,seller financing available,passenger transportation / limo
Suffolk County, NY Limo & Bus Company For Sale
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This business has received 97 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $1,795,000 Down Payment $900,000
Gross Revenues $1,800,000 Lease Remaining Register Free to View
Owner’s Cash Flow $500,000 Number of FT Employees Register Free to View


$900,000 Down and 895,000 for 7 years

Business Description

Long established Limo & Bus Company providing high end Transportation for The Long Island Area.This company has all new and some brand new Cars & Buses. The also rent a location for way under market price were they store and keep the cars. They also have a large area with several desks ,were there managers and staff sit.Seller and his partner are hands on but do not drive. Seller will stay on up to 1year for salary. Sale includes about $850,000 in cars but buyer must assume leases for about 50 percent of the $850k in value. This is a company the buyer will be very proud to own and work. Great for family or partners.Must see to appreciate. This is the best Limo Company I listed this year! Contact broker Jim Aloi with proof of funds for appointment. This great Company has a spotless and impeccable report with the DOT & Insurance Companies There cars & buses are one of the safest in the state. This company is highly recommended by schools insurance companies among Clients who search for quality safety & comfort. This company has no problems on there loss runs and there insurance is at a reasonable price. This company also has large universities on contract work. Seller will sell company with S corp for easy and smother transfer with DOT, INSURANCE & LEASES. this is a high rated company with great cars offering out standing service and integrity like no other. This company does very little airport work they do higher price work with the highest possible Quality Service Please note if buyer has funds to pay off cars they will net about $650,000 per year! Please call 1-877-735-5224 for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.