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Business for Sale Summary

Corporate Black Car Service - Run Absentee NY - 34258

Business Type: agents/brokers,equipment rental and sales ,misc. service/non-classifiable,non-classifiable establishments,professional services,seller financing available,passenger transportation / limo/ bus companies
Owner Financing
Corporate Black Car Service - Run Absentee NY
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This business has received 22 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $225,000 Down Payment $225,000
Gross Revenues $150,000 Lease Remaining Register Free to View
Owner’s Cash Flow $75,000 Number of FT Employees Register Free to View

Financing

$225,000 Down and Terms are Negotiable for a Qualified Buyer

Business Description

Price reduced for Quick Sale! Corporate Black Car Service now available for purchase. Established in 2011, this business offers luxury rides to corporate clients. Their model is a little different. They rent TLC cars and/or plates to drivers. They currently have 5 plates. In 2019 the business grossed approx. $1mil. with an owner’s cash flow of approx. $500K. Sales declined significantly in 2020. They did not lose any customers due to Covid. In fact, they gained accounts as many competitors closed for good. The business has a full-time dispatcher to handle incoming calls and website requests. The owner only spends 20 minutes per week operating this business and now feels it is time to retire. The sales price does not include roughly $100K in plates (5 total). We are seeking a serious and financially qualified buyer with at least $325K. in liquid funds. Proof of funds will be requested prior to meeting the seller. To learn more, please call, text or email Mel Vaz today on 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.