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Business for Sale Summary

Limousine Company for Sale in New Jersey - 36172

Business Type: misc. service/non-classifiable,other personal services,owner financing available,passenger transportation / limo/ bus companies
Limousine Company for Sale in New Jersey
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This business has received 44 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $1,800,000 Down Payment $1,500,000
Gross Revenues $700,000 Lease Remaining Register Free to View
Owner’s Cash Flow $300,000 Number of FT Employees Register Free to View


$1,500,000 Down and balance of $300k for 36 months @ 6%

Business Description

Weddings and Proms define this limousine service business located in Union County, New Jersey. This is a Foundation Piece business, hugely profitable as it is, so much more can be achieved by participating in numerous Bridal Trade shows (there are 42 in the area), marketing Celebrity Pick-up Service, Airport Limousine service, or catering to the gambling and entertainment junkets to Atlantic City, Parx Casino, Foxwoods or Mohegan Sun. Service is provided by Eleven limousines in mint condition that handle from 2 to 42 passengers, driven by long-standing, experienced staff and worth nearly $1.0 million on the open market. The business is 44-years old and counting. Owner is seeking to take life easier and will stay to train and book rides as long as desired. For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers at 646-269-4616.

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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.