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Business for Sale Summary

High-End Transportation Business - 30113

Business Type: service businesses,catering and event planning,other business services,other personal services,passenger transportation / ambulette,professional services,internet businesses,business services (b2b),consumer services (b2c),general internet,web design/ tech services,passenger transportation / limo
Owner Financing
High-End Transportation Business
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This business has received 174 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $2,400,000 Down Payment $1,800,000
Gross Revenues $1,500,000 Lease Remaining Register Free to View
Owner’s Cash Flow $700,000 Number of FT Employees Register Free to View

Financing

$1,800,000 Down and $600,000 @ 8% for 24 Months

Business Description

This high-end luxury transportation/limo business provides clientele with transportation needs, from luxury sedans to motor coaches, in dozens of cities around the world. The prime markets are Washington, DC and New York. Clients can lease vehicles for long periods of time, or vehicles for rides to the airport, weddings or any celebration, complete with professional drivers that will greet and take care of the clients. The company acts mainly as a broker, and only owns a few vehicles. There is virtually no overhead or employees, and it is easy to run. The next owner of the business could easily expand into new markets, and/or purchase their own fleet of vehicles to increase the bottom line. The current owner is selling to work on other business interests, but would be willing to stay on for a period of time 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 rental vehicles of any kind, especially with its high-end clients. At this point, the business is only scratching the surface of the market share it could grab. Please contact the broker for more information on this business, and don't let this opportunity pass you by! 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. kg

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.