Business for Sale Summary
Limo & Transport Co. - 30843
Business Type: passenger transportation / limo,new to market,seller financing available
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $975,000 | Down Payment | $750,000 |
| Gross Revenues | $1,153,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $328,000 | Number of FT Employees | Register Free to View |
Financing
$750,000 Down and $225k over 3 years @ 5%.
Business Description
Long-established (20 years) Eastern Suffolk limo and passenger transport company.
Seven late-model luxury vehicles included. Three buses/vans and many corporate accounts.
Servicing an affluent East End clientele from the North and South forks. Also gets some party and
event business. ULS dispatch software in place. Both takes and gives out some farmed work.
They have a 5,000-person customer list. The current owner does not advertise or email market to his customers.
Turns away work- new buyer can expand west. There is a GPS in all vehicles. The current owner is actively involved in the
business. Proof of funds is required for a meeting with the owner. Contact broker Joe Stansky for more details.
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.
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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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