Hawaii Limo & Taxi Company

Pacific

Seller Financing Available
Limo in Paradise

Asking Price:$2,450,000

Cash Flow:$673,000

Gross Revenue:$2,145,800

EBITDA:N/A

FF&E:$665,000

Inventory:N/A

Established:1990

Hawaii Limo & Taxi Company

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Business Description

Long tenured and very profitable transportation company located in Hawaii for sale due to retirement. The Company offers limousine and taxi services.

The reasons to purchase this business include the following:
• Excellent history of revenue growth with expectations of continued strong growth; 2015 revenue of $2.15 million, up 114% since 2011
• Excellent profitability: 2015 owner’s profits of $673,000.
• Excellent customer awareness and preference
• The area's only “one-stop” transportation service provider.
• They are the largest company of their kind in the area.
• They have all required state and county licenses
• Large fleet of a variety of vehicles which allows great flexibility and excellent customer service.
• Strong balance sheet and offered totally turnkey with all the assets.
• Excellent growth opportunities.

Asking price is $2,450,000, which includes $75,000 of working capital plus buyer’s assumption of two bank loans with approx. value of $297,000. This is being offered by Corporate Development Capital, LLC as the sale of the corporation’s stock to facilitate the transfer of all licenses.

To learn the island location and to get a detailed offering memo, please contact us to receive a Non-Disclosure Agreement/Financial Net Worth statement

Detailed Information

Employees:
40
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
6,150 square feet of leases space. • Low cost (only 3.2% of revenue) • Close to airport and harbor • On a main highway so easy and quick to get to customers. • Good relationship with landlord.
Competition:
A very vibrant market with strong historical growth. The company is the largest company of its type in the market.
Growth & Expansion:
Growth by expanding services and adding geographies.
Financing:
$245,000 over 5 years at 6% interest rate; approx. $4,737 per month.
Support & Training:
2 weeks at 30 hours per week
Reason for Selling:
Retirement

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T. Lewis Caltrider

Business Listed By:
T. Lewis Caltrider

Hawaii Business Sales

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Sponsoring Broker:
Tom Caltrider

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