Growing, Profitable 1st Class Valet Parking Limo Svc & Shuttleing

Morris County, NJ

Growing,  Profitable 1st Class Valet Parking Limo Svc & Shuttleing
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Asking Price: $425,000

Cash Flow: $200,000

Gross Revenue: $330,000

EBITDA: N/A

FF&E: $3,000

Inventory: N/A

Rent: $0.00

Established: 2011

Growing, Profitable 1st Class Valet Parking Limo Svc & Shuttleing

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Business Description

Operates a growing, dynamic, privately held parking corporation POSITIONED AT THE TOP OF THE VALET PARKING INDUSTRY. The business focus is on VALET PARKING, LIMO SERVICE & SHUTTLING. Having started in Florham Park, the business has grown to become the most respected and reliable valet service in the Tri-State area. Management is dedicated to providing consistently professional parking services. The clientele is made up of a distinguished list of hotels, hospitals, restaurants, and private events arenas. The business enjoys great trust from their customers. Operations are tailored to meet the challenges of each project on a problem-free basis. Quality and reputation is the result of constant dedication to keeping customers satisfied. The business creates a great first and lasting impression. The personal touch and dedication of the owner have made the business stand out from the competition.

Parking Fees
Location 1 $55,000.00
Location 2 $50,000.00
Location 3 $24,000.00
Location 4 $27,000.00
Location 5 $6,500.00
Location 6 $16,000.00
Location 7 $5,000.00
Location 8 $5,000.00
Location 9 $45,000.00
Valet Alone $233,000.00
Shuttle $76,000.00
Directional 2018 $30,000.00
Gross Revenue $572,500.00
Management reports $33,720 expense against the above revenue.

Detailed Information

Location:
Morris County, NJ
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
N/A
Employees:
50
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
Operating at the top of the line is ahead of the competition.
Growth & Expansion:
Continue to provide best of breed service to a demanding top-notch clientele
Support & Training:
As agreed upon
Reason for Selling:
Entering another business venture with wife
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ROBERT HINKLEY

Business Listed By:
ROBERT HINKLEY

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Sponsoring Broker:
Larry Bodner

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