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Established Private Car Service Company

Boston, MA (Suffolk County) (Relocatable)

Established Private Car Service Company
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Asking Price: $150,000

Cash Flow: $50,000

Gross Revenue: $275,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 1999

Established Private Car Service Company

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Business Description

Our client is a family owned private, luxury car company that has been servicing customers throughout the North Shore and Metro West area of Boston for over twenty years. While it specializes in transportation to and from Logan Airport, it also offers point-to-point service. It has a loyal and growing customer base and a strong team of dependable drivers. This is an excellent opportunity for an individual looking for a lifestyle business to grow or for an existing company that wants to expand its market.

Detailed Information

Location:
Boston, MA
Inventory:
Included in asking price
Facilities:
The Company does not have a facility. Vehicles are parked in a private lot and administrative activities can be completed anywhere.
Competition:
Competition/Market: The market has competition but that hasn’t prevented it from growing by 55% over the past four years. The Company can attribute this growth to its strong drivers, high level of quality/consistency and its marketing.
Growth & Expansion:
The Company has numerous opportunities for an individual who is committed to growing the business. Because the owner has been unable to dedicate the necessary time, the Company hasn’t focused on building its corporate contract business nor has it pursued contract work with governments. Additionally, there is a market for long-term point-to-point rides and stretch limo services. How much the Company grows is entirely tied to the new owners level of motivation.
Support & Training:
The owner is prepared to provide a reasonable amount of transition support. The owner dedicates approximately 1-2 hours a day to the business.
Reason for Selling:
This is a part-time business, owner wants to focus on other opportunities.
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Michael Vann

Business Listed By:
Michael Vann

Split Rock Capital, LLC

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

Listing Statistics

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Demographic Information

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