Asking Price:

$3,300,000

Gross Income:

$2,919,000

Cash Flow:

$1,200,800

FF&E:

$551,150.00 *

Inventory:

N/A

Real Estate:

N/A

Year Established:

2005

Employees:

60

Business Types:

Auto Repair, Parts & Services
Passenger Transportation

* included in the asking price

Business Description

This limousine company has GPS tracking on all its vehicles, the location is on a screen in the headquarters showing exactly where the vehicles are. The phone system for the vehicles is also the latest technology. The sales are computerized. Every aspect is automated so that maximum utilization of the vehicles can be achieved. The vehicles are maintained daily and are cleaned daily, every time it is returned to be base. This is a 24/7 operation. Even though this is a cash based business, the system monitors the vehicles and their destinations and time taken. Only persons with financial resources need apply.

Detailed Information

Facilities:

This 6 year limousine company has grown every year. Even in this econmy the sales are up. It has 28 vehicles, 18 town cars, 4 stretch limos, 5 suvs and one van

Competition:

Competition is normal

Growth/Expansion:

This business is located in NJ near NYC. It can be expanded considerably, there is virtually no limit.

Financing:

no financing available

Support/Training:

Owner will stay and train

Reason Selling:

Owner wishes to go into another business