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This Business has been Sold!
Closing Date: 03/10/2021
Broker: Jim Aloi
Business for Sale Summary

Transportation & Limo Business for sale in NY - 33028

Business Type: owner financing available,passenger transportation / limo/ bus companies
Sold
Transportation & Limo Business for sale in NY
On March 10th 2021, The Undersigned
Acted as the Advisor to the Deal
Jim Aloi
Jim Aloi Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
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.

Financial Information (non-confidential)

General Information
Asking Price $750,000 Down Payment $400,000
Gross Revenues $2,900,000 Lease Remaining Register Free to View
Owner’s Cash Flow $360,000 Number of FT Employees Register Free to View

Financing

$400,000 Down and $350,000 for 5 years @ 7 percent

Business Description

Well known and established full service Transportation & Limo Company with branded name. Semi absentee seller. This fantastic company has a 11,000 square foot indoor garage for most cars with executive office areas. Must see! Comes with almost $350,000 in car equity very easy to grow. Seller will hold note for qualified buyer. Here is a company you would be proud to own. Great listing to add more services and or Wedding Center. established and owned over 25 years! Call Broker Jim Aloi For Meeting.

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.