Business for Sale Summary
Established Limousine Service in Norfolk City, VA - 30502
Business Type: service businesses,other business services,passenger transportation / limo
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $150,000 | Down Payment | $65,000 |
| Gross Revenues | $250,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $42,513 | Number of FT Employees | Register Free to View |
Financing
$65,000 Down and $85,000 at 3% over 72 Months
Business Description
This limousine service business has been established since the early 1990's. The business had been self-funded, and provides luxury ground transportation. The main business is funeral transportation, so the limos are used daily. The company also has affiliate work from national affiliates, such as Make-A-Wish, airport, etc. The seller is motivated to sell. They are selling due to interest in other ventures. Seller is looking for someone ambitious and ready to grow this business even further.
The business is now the oldest and largest total ground transportation company in the area. Financials will be shown upon meeting with the seller.
Please contact the broker at 1-877-735-5224.
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.
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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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