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Business for Sale

Limousine Company for Sale in New Jersey
Union County, NJ

Listing #36172

   
Financial Information (non-confidential)
Asking Price $1,600,000.00 Gross Revenues $700,000.00
Down Payment $1,600,000.00 Owner’s Cash Flow $300,000.00

Financing: $1,600,000.00 Down and

Reason for Selling:Retirement

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.

In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.

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.
Gerald Nimberg
Senior Business Broker
646-269-4616
gnimberg@vestedbb.com
Servicing Area:
Burlington County, NJ
Mercer County, NJ
New Castle County, DE
Philadelphia County, PA
Gerald Nimberg

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.

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