Premier Northern California Limousine, Sedan, Party Bus Transportation

Butte County, CA

Seller Financing Available
Premier Northern California Limousine, Sedan, Party Bus Transportation
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Asking Price: $495,000

Cash Flow: $125,000

Gross Revenue: $250,000

EBITDA: $60,000

FF&E: $5,000

Inventory: $225,000

Rent: $600 /Month

Established: 1979

Premier Northern California Limousine, Sedan, Party Bus Transportation

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Business Description

Great opportunity to own a profitable turn key, high net, low over head transportation company, established in 1979 and centrally located as a well-established, limousine,sedan/suv and limo bus service with an A+ BBB rating, Local Chamber Member & National Limousine Association Member for over 20 years!

This Premier Transportation Company has over forty (40) years of professional experience serving the entire Northern California area and offers excellent rates, customized party packages and exceptional customer service plus fully equipped limousines with experienced, trained, drug tested & background checked chauffeurs with passenger endorsements & commercial licenses.

Priding itself with spacious and luxurious limousines by offering their clients three different party packages to choose from which will make their special day an unforgettable experience, these limousines are perfect for Proms, Weddings,Wine Tours, Birthday Parties, Quinceaneras, Thirteen & Sweet Sixteen Parties, Concerts, Sporting & Corporate events and much much more.

Easy operations, friendly staff & drivers, attractive and well maintained vehicles, desirable central downtown location and limited competition also present a desirable acquisition opportunity.

Detailed Information

Location:
Butte County, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,500
Lease Expiration:
4/14/2020
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located for the past 25 years at the same 4500 sq ft leased downtown facility which is available to transfer the current lease at less than 15 cents per sq ft! Please also note, that eight (8) vehicles including a Mercedes Hybrid Sedan, Escalade Corporate SUV, Stretch Chrysler Limo, Ultra Stretch Lincoln Limo, Super Stretch Escalade Limo, Mega Stretch Hummer Limo & Krystal Limousine Party Bus plus a CNG Limo Bus with a combined estimated current market value of over $225,000.00(two hundred twenty five thousand dollars) are all included in asking price
Competition:
With very little competition in the area which are all part time operators, this is a full time transportation business with a great opportunity for a marketing savvy Buyer to take it to the next level. Minimal amounts are spent on advertising and social media as over 80% of customers are repeat or referred clients!
Growth & Expansion:
With the drive and commitment from a new Purchaser, this Company could easily expand its current business model to increase more corporate & personal client base which is currently at approximately 6000+ clients. Potential clients/buyers are advised to seek professional help from their accountants and attorneys before purchasing or investing in a business/property.
Financing:
Negotiable depending on down payment, credit & assets of buyer
Support & Training:
Owner is willing to train the new buyer with two to four weeks if necessary
Reason for Selling:
Retiring/Other Business Interests
Business Website:
http://www.elimoinc.com
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Business Listed By:
Randy Dennhardt

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