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Business for Sale Summary

Black Car & Limousine Service for sale in NY - 33927

Business Type: assets only sale,entertainment,misc. service/non-classifiable,must sell/drastic price reduction!,other business services,other personal services,passenger transportation / limo/ bus companies
Black Car & Limousine Service for sale in NY
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This business has received 14 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $149,000 Down Payment $149,000
Gross Revenues $200,845 Lease Remaining Register Free to View
Owner’s Cash Flow $25,023 Number of FT Employees Register Free to View

Financing

$149,000 Down and The owner is open to creative financing and/or an earnout with some up-front money.

Business Description

Long Established Black Car & Limousine Service. This business has been established over 35 years with a vast clientele throughout the NY Metro area. Excellent reviews! Of course, the pandemic has severely impacted travel and gross revenues. Regardless, the business still grossed approx. $200,845.00 in 2020 with a nominal profit of $25,023. That is commendable in the midst of a pandemic where virtually all travel has been curbed. That being said, 2021 poses great upside potential as the vaccines roll out and the recovery begins. The owner understands the current status of the business and is open to creative financing and/or an earnout with some up-front money. The sale price would include all tangible and intangible assets, including goodwill, 9 vehicles (only 3 are currently on the road), all software, systems, website, etc. We are seeking a serious and financially qualified buyer with some experience and vision to see the upside as the market recovery begins. To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com. All meetings must be scheduled by appointment only!

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.