Limo Services - 24777 Business Type: passenger transportation / ambulette,business with property available,owner financing available,assets only sale
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $1,600,000 | Down Payment | $1,600,000 |
| Gross Revenues | $1,616,451 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $487,856 | Number of FT Employees | Register Free to View |
Financing
$1,600,000 Down and Negotiable - willing to discuss financing
Business Description
Coach/Party/Limo Company Offered for Sale - 25 years in business,excellent reputation with household name recognition. Well established long-term charter bus contracts that will continue to generate major revenue stream. Significant party bus business: proms, weddings, Atlantic City, Great Adventure. Consistent car and limo work: airport, corporate and As Directed clientele. Company maintains steady work throughout the year, not just on a seasonal basis. Fleet consisting of 4 56 seat Coach buses, 4 party buses, 3 limos, 2 sedans and one SUV Long-term, high quality driver pool,maintaining 19A, DOT and school bus certifications. Active NY/US DOT numbers available for transfer upon purchase. Asking price includes vehicles valued at an estimated 1 million dollars (subject to valuation) at time of due diligence. Prime location office and separate yard location available for rent or sale if desired. Seller will consider partial financing to qualified buyers. Serious buyers only, must demonstrate proof of funds. Call broker for details, Joe DiBello at 877-763-4367
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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