Limo Service High Margins!

Stamford, CT (Fairfield County) (Relocatable)

Seller Financing Available
Limo Service High Margins!

Asking Price:$190,000

Cash Flow:$125,000

Gross Revenue:$385,000

EBITDA:N/A

FF&E:$40,000

Inventory:N/A

Established:2004

Limo Service High Margins!

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Business Description

This long term, high margin airport limo service has an established clientele base with even more opportunities to have additional corporate contracts. The seller has potential business customers who want to use his service, but his deteriorating health has limited him from growing the business, he has only been able to handle maintaining or reducing his client base.
The town cars and luxury passenger van are all maintained in excellent shape, and the customers are kept happy.
The seller is willing to stay on as an employee/driver, but he can no longer physically handle the requirements of running the day to day operations.
This is a new opportunity to the market place so inquire within quickly to take this nice, profitable operation to the next level!

Detailed Information

Inventory:
Included in asking price
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The seller works from his home, and drivers take their cars to their homes as well so business can be relocated, and home based. This would make it an easy add on to another Limo company if desired. (Home Based)
Competition:
There is always competition in the limousine/passenger transport business, but they have long term clients who have been very loyal.
Growth & Expansion:
Because of the seller's significant health issues, he has not done anything to promote or advertise the business in the last few years. All activity has been word of mouth referrals. A buyer with energy would do wonders with growing the business.
Financing:
as required by SBA
Support & Training:
Owner is willing to stay on board as an employee, or to remain to train as necessary.
Reason for Selling:
Significant Health Issues
Home-Based:
This business is Home-Based

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Julie Rossi

Business Listed By:
Julie Rossi

Parkwest Business Partners

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