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Business for Sale Summary

Transportation Business- Philadelphia County, PA - 27590

Business Type: other business services,passenger transportation / ambulette
Transportation Business- Philadelphia County, PA
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Financial Information (non-confidential)

General Information
Asking Price $250,000 Down Payment $125,000
Gross Revenues $169,520 Lease Remaining Register Free to View
Owner’s Cash Flow $113,180 Number of FT Employees Register Free to View


$125,000 Down and $125k balance over 3 years at 5%

Business Description

This limo service has six operating vehicles in Philadelphia County and the surrounding area. The business can be operated from home. The limos are leased to the drivers. Drivers pay all operating costs, except insurance and maintenance. The company focuses on for-hire vehicles or livery cabs servicing Philadelphia County. Through the company's history, the company's retention rate has been close to 95%. Livery leasing in Philadelphia county is a rare and under-nourished business frontier, like no other. Gone are the days of oppressive TLC regulations and limited growth. Uber, Lyft and others have capitalized on this new landscape, and now, the sky's the limit. These technology companies have embraced leasing companies. There is an insatiable hunger for more vehicles, as no one seems to meet the demand. There is an endless line of drivers looking to partner-up with vehicle owners. They have nourished very close relationships with Uber, Lyft and GET over the last few months. These relationships offer what seems like infinite growth. There is the opportunity to expand revenue with private accounts. This is an explosive industry- so, what are you waiting for? Please call 1-877-735-5224 for further information.

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.