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Business for Sale Summary

Profitable Black Car Transport Company For Sale in - 35417

Business Type: passenger transportation / ambulette,professional services,passenger transportation / limo/ bus companies
Profitable Black Car Transport Company For Sale in
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Financial Information (non-confidential)

General Information
Asking Price $899,000 Down Payment $899,000
Gross Revenues $2,100,000 Lease Remaining Register Free to View
Owner’s Cash Flow $350,000 Number of FT Employees Register Free to View

Financing

$899,000 Down and n/a

Business Description

Established Car and Limo Transportation Company -   AMAZING OPPORTUNITY  Very High Income.  Active and clean TLC Luxury Base License. Very low overhead. No house cars- all drivers are independent owner-operators.  VOIP phone system for dispatch that can be run from anywhere, even from cell phones. Owner has spent 50 years in the transportation business - he and his wife are ready to retire. Husband handles the dispatch and reservations and his wife handles accounting and admin. There are no employees, all independent contractors that pay their own insurance (1 dispatcher, 15 full-time drivers and 60 part time drivers when needed). No expenses besides $2100/mo rent Manhattan storefront.  Great landlord to provide new lease if you wish to keep it or WFH.! Member of the Black Car Fund, so there is no worrying about workers comp insurance or lawsuits.  Owner will provide training and support and cares very much about the continued success of the company and his employees, some of which he has known for for 30 years.  Call listing broker Brian Bernstein 929-969-0007

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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.