Limousine Company for Sale in New Jersey - 36172 Business Type: misc. service/non-classifiable,other personal services,passenger transportation / ambulette,passenger transportation / limo/ bus companies
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $2,200,000 | Down Payment | $1,100,000 |
| Gross Revenues | $850,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $350,000 | Number of FT Employees | Register Free to View |
Financing
$1,100,000 Down and balance due with terms tbd
Business Description
Weddings and Proms define this luxury limousine service business located in Union County, New Jersey. This is a Foundation Piece hugely profitable in the industry as is, yet so much more business can be achieved by participating in numerous Bridal Trade shows (there are 42 in the area), marketing a celebrity pick-up service, airport limousine service, or catering to those enjoying a night out in Manhattan for dinner and a show, or for those who prefer the gambling junkets and entertainment provided at Atlantic City, Parx Casino, Foxwoods or Mohegan Sun.
The business is 48-years old and is growing despite its maturity. Advertising in Google, Words, SEL and social media together with the hiring of two marketing specialists has produced immediate results. Service is provided by ten limousines in mint condition that handle anywhere from 2 to 42 passengers and are driven by long-standing, experienced staff.
Seller is seeking to make life easier and will stay to train and book rides as long as desired. For more information, contact Gerald Nimberg, Senior Business, Vested Business Brokers at 646-269-4616.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
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.
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