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Limousine and Bus company

Fairfield County, Connecticut (Fairfield County)

Services - Local Passenger Transportation | Services - Other Travel & Transportation

Asking Price $1,500,000 Inventory  
Gross Income $2,700,000 Real Estate  
Cash Flow $500,000 Year Established 1980
FF&E $800,000* Employees 30

* included in the asking price

** not included in the asking price

Thirty plus vehicles based in convenient Connecticut location provide transportation services for airports, casinos, weddings, proms and concerts. Traditional town cars to specialty vehicles are all well maintained. Airport service to Bradley, JFK Newark, LGA Providence and Boston this business provides corporate and individual customers a high level of customer service. Four individual Connecticut transportation permits are included. Thirty-five drivers, six office personnel, two mechanics and a detailer make up the staff.

Facilities: Thirty well maintained vehicles ranging from traditional town cars to classic limos to motor coaches. Business is run from an 8,000 square foot facility which includes a fully equipped maintenance garage. Lease has three years to run with an option for three additional years. Four individual permits for various Connecticut locations are included. Value of vehicles is not included in FF&E.

Competition: There is competition but this company has established itself within a number niche services. Resorts, casinos, airports.

Growth/Expansion: Improve marketing and sales efforts

Support/Training: One month

Reason Selling: Retirement

AD # 270356

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