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Business for Sale Summary

Limo & Transport Co. - 30843

Business Type: passenger transportation / limo,new to market,seller financing available
Limo & Transport Co.
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This business has received 24 indications of interest - Act Quickly!

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. kg

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.