| Asking Price |
$235,000 | Inventory |
$370,000** |
|---|---|---|---|
| Gross Income |
$500,000 | Real Estate |
|
| Cash Flow |
$270,000 | Year Established | 1985 |
| FF&E |
$20,000* | Employees | 4ft 20 pt |
* included in the asking price
** not included in the asking price
This company successfully provides shuttle services and car rentals to a high end, loyal customer base which includes area businesses and individuals. The business is well established and profitable, serving one of New England s premier market areas which includes a renowned college, a regional medical center and medical school and an assortment of growing, cutting edge businesses. Revenue exceeding $500,000 generates discretionary earnings to the owner and his wife of $270,000; in addition, the business provides substantial opportunity for growth. This is an interesting business situated in an area that provides every conceivable type of outdoor oriented activities, cultural pursuits, educational enrichment opportunities and much more.
Facilities: The business leases space in an automobile related business. The facility is convenient and well located. The space provides a quality office area, two service bays primarily used for cleaning and minor repairs, and outdoor parking for approximately 45 vehicles.
Competition: This is the only business in the market area that provides shuttle services and car rentals in this affluent, highly desirable market area. There are a number of national car rental agencies listed in the yellow pages, but done provide the range of services.
Growth/Expansion: More aggressive management will utilize additional advertising and promotion to add to the strong base of repeat and referral business. Area networking will also stimulate new business. Adding vehicles to the fleet will enable the business to better meet the existing demand for the company s services.
Financing: Cash preferred, but the seller will consider some financing if necessary.
Support/Training: Seller will provide training as needed.
Reason Selling: The owner is ready to retire amd hand the reigns over to younger management.

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