Well Known Highly Profitable Limo-Transportation Company

NY

Well Known Highly Profitable Limo-Transportation Company

Asking Price:$2,750,000

Cash Flow:$590,000

Gross Revenue:$3,000,000

EBITDA:N/A

FF&E:$1,200,000

Inventory:N/A

Established:1995

Well Known Highly Profitable Limo-Transportation Company

Get Financing Save Print Share Valuation Report

Business Description

This is a very well respected Limousine Transportation Company that has an excellent customer base built over the past 20 years. They have an impeccable fleet of 30+ vehicles with a fair market value of $1.7M, with OVER $1M in equity. They preform thousands of runs every year and they have a diversified customer list of the Who’s Who in the corporate world WITHOUT any customer concentration. In addition to their corporate sales, they provide multiple services in the wedding industry, prom, nights on the town, airport runs in addition to their state of the art buses which can be used for bachelor and bachelorette parties, Bar-Bat Mitzvahs, Sweet 16’s and corporate outings. They have an excellent well trained staff and depending on the buyer’s objectives this company can be propelled to the next level. The buyer will have tremendous flexibility in keeping the business in its current location or it can be moved to another existing facility. The earnings for the owner are AFTER paying the debt service for their vehicle loans. The current owner has scaled back his involvement and a new owner that wants to build upon the excellent reputation will be able to grow the various services the business offers. If you are looking for a clean, well run service business with EXCELLENT books and records, which is HIGHLY profitable, with an excellent staff and reputation then your search could be over. If you also love cars, Look No Further. Please refer to listing number 12670 when inquiring about this opportunity.

Detailed Information

Employees:
45
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price

Listing Statistics for Premium Members

Ad#:1242542 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Ken Stein

Business Listed By:
Ken Stein

The Kensington Company

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings