| Financial Information (non-confidential) |
| Asking Price |
$1,600,000.00 |
Gross Revenues |
$1,616,451.00 |
| Down Payment |
$1,600,000.00 |
Owner’s Cash Flow |
$487,856.00 |
|
Financing: $1,600,000.00 Down and Negotiable - willing to discuss financing
Reason for Selling:Retiring
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
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
