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Business for Sale Summary

Corporate Black Car Service *PRICE REDUCED* - 30731

Business Type: other business services,other personal services,professional services,best deals!,new to market,seller financing available,passenger transportation / limo
Owner Financing
Corporate Black Car Service  *PRICE REDUCED*
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Financial Information (non-confidential)

General Information
Asking Price $415,000 Down Payment $300,000
Gross Revenues $480,000 Lease Remaining Register Free to View
Owner’s Cash Flow $225,000 Number of FT Employees Register Free to View

Financing

$300,000 Down and $115K over 3yrs. @ 0%.

Business Description

High-end corporate black car service. *PRICE REDUCED* This business provides corporate clientele for transportation needs, from luxury sedans to motor coaches in New Jersey and New York Tri-State Area. Around 70% of trips are airport runs or trips to Manhattan. This company has a very profitable and stable business at Newark EWR, JFK, LGA, TEB, Los Angeles Airport and Las Vegas Airport. The drivers have clean licenses and no violations. There are 3 full-time drivers that will stay with the business, and four vehicles included in the sale (two 2015 Lincoln MKS, one 2011 Suburban and one 2011 Lincoln Town Car). All vehicles have GPS tracking. In the past year, the business grossed approx. $480,000.00, with a cash flow of approx. $182,000.00. There is a 750 sq. ft. office space that can be relocated, based on the new owner's preferences. The current owner is selling to work on other business interests, but would be willing to stay on for a period to ease the transition with the clientele, and get the new owner comfortable running the business. This business could also be a great add-on for a company that already provides transportation services. We are seeking a serious and financially qualified buyer with at least $300K in liquid funds to cover the downpayment. To learn more, please call Mel Vaz at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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. PM

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.