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Business for Sale Summary

Limo & Black Car Service - 32190

Business Type: entertainment,misc. servicel/non-classifiable,other business services,other personal services,passenger transportation / limo/ bus companies
Limo & Black Car Service
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This business has received 53 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $95,000 Down Payment $55,000
Gross Revenues $243,000 Lease Remaining Register Free to View
Owner’s Cash Flow $43,000 Number of FT Employees Register Free to View

Financing

$55,000 Down and $40K over 4 months @ 0% interest.

Business Description

Limo & Black Car Service. This business was established in 2011 and services the tri-state area with 4 vehicles (2009 - Lincoln Navigator, 2014 - Lincoln MKS Sedan, 2013 - Cadillac XTS Sedan, 2018 - Lincoln MKT SUV). There are approx. $30K in vehicle payments outstanding. Most jobs come as sub-contract work from other larger companies. These are contracts that can be transferred. The balance of the work comes from the existing customer base. In the past year the business grossed approx. $243,000.00 with an owners cash flow of approx. $43K. We are seeking a serious and financially qualified buyer with at least $55K in liquid funds to cover the down payment. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY!

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.