New Jersey Limo and Passenger Transportation Businesses For Sale

Limo and Passenger TransportationNew Jersey

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4AAA Limousine ServiceProfitable Opportunity
$1,500,000
AAA Limousine ServiceProfitable Opportunity

Middlesex County, NJ

For sale is AAA Limousine Service with a total of 22,651 SF, With well over 10 years of providing professional limousine transportation services for Weddings, Birthday Parties, Anniversaries, Bachelor & Bachelorette Parties and Proms, we are fully committed to exceed traveling expectations and professional requirements for any occasion. We have over 10 accounts that utilize our services as well as consistent customers. Some of those accounts include Rutgers-25 individual departments, Commission of the blind & EDGE Family resources just to name a few. Every Vehicle is 100% PAID OFF- TITLES IN HAND The cars have been very well maintained by our owned mechanic shop that is not included in the sale but we are open for offers for that as well. (Ralph's auto repair New Brunswick 08901) We are selling because the owners would like to retire and transfer ownership to new aspiring owners. This company fed two households as it is owned by two owners and sent 3 kids to college. The average revenue is NET- $450,000 (Documentation will be presented as requested) OFFERS ACCEPTED

Limousine and Black Car Service Passaic County, NJ 32190Great potential!
$95,000Cash Flow: $43,000
Limousine and Black Car Service Passaic County, NJ 32190Great potential!

Passaic County, NJ

Limo & Black Car Service. This business was established in 2011 and services the tri-state area with 4 vehicles (2009 - Lincoln Navigator, 2014 - Lincoln MKS Sedan, 2013 - Cadillac XTS Sedan, 2018 - Lincoln MKT SUV). There are approx. $30K in vehicle payments outstanding. Most jobs come as sub-contract work from other larger companies. These are contracts that can be transferred. The balance of the work comes from the existing customer base. In the past year the business grossed approx. $243,000.00 with an owners cash flow of approx. $43K. We are seeking a serious and financially qualified buyer with at least $55K in liquid funds to cover the down payment. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY!

2Limousine Business For SaleLimousine Business For Sale
$95,000Cash Flow: $45,000
Limousine Business For SaleLimousine Business For Sale

Passaic County, NJ

A family owned business since 2011. There are 4 cars and we have very loyal customer base. We service local clients as well as clients from other large limo companies that we have contract with. Company has perfect reputation for reliability and customer service.

Established Taxi and Limousine Business Hudson County, NJ 30853Great opportunity!
$540,000Cash Flow: $240,000
Established Taxi and Limousine Business Hudson County, NJ 30853Great opportunity!

Hudson County, NJ

Unaffected by Uber, one of the oldest and finest taxi and limousine services in Hudson County is up for sale. Unlike its competition, it provides service in less than fifteen minutes all the time; its drivers know the area they cover to the block and almost to the house eliminating dependence on a GPS so there are no missed or delayed pick-ups. An experienced crew of drivers speak, Spanish, Arabic and English. It accepts cash and all forms of payment; no need for a credit card or advanced booking. After 62 years in business, this company's presence in the community and its name, reputation and phone numbers are welcomed in the community. Vehicles are owned by the company and leased to the drivers. The company provides the vehicles, licenses, dispatching, insurance, routine maintenance and social media advertising. Repair work when needed is provided by a part-timer. All else is paid for by the drivers. Owner wishes to retire. Seller financing available to a qualified Buyer.

Transportation Business For Sale - 30146Bus/Passenger Transportation- Call today!
$115,000Cash Flow: $125,000
Transportation Business For Sale - 30146Bus/Passenger Transportation- Call today!

Monmouth County, NJ

Located in Monmouth County, this bus company transports children to and from school, runs class trips, and provides its township with other public and private child transportation services. The bus company is nearly 30 years old, and its owner (from inception) is seeking retirement. The company has an impressive fleet of 15 relatively-new vehicles, including wheelchair vans and 54-seat school buses, and is licensed to operate throughout the state. Profitable as it is, this company brings, not only value for its price, but unprecedented growth opportunity. The school bus business is a fragmented industry, served predominantly by small private businesses. A buyer can grow this business by adding additional routes and/or adding another vehicle and driver. Additionally, owner could become a major player by rolling up smaller companies through acquisition- the marketplace will more than accommodate. It is difficult to imagine a business that offers more value for its price (and greater growth opportunity). This business will not last. To drive by and make appointment to meet the owner, call Gerald Nimberg.

Transportation Biz in Essex County NJ - 32008Transportation Biz in Essex County NJ - 32008
$325,000Cash Flow: $75,000
Transportation Biz in Essex County NJ - 32008Transportation Biz in Essex County NJ - 32008

Essex County, NJ

The State has contracted with this company to transport Medicaid patients to and from medical treatment facilities (now serving Essex and Union). Headquartered in Essex County, the owners are willing to sell their business to the right buyer and go their separate ways. This business is very profitable since the licensing, contractual, financial and driver requirements to transport Medicaid patients along with the cost of owning and running a fleet of 7 vehicles comprised of 2 mini-vans and 5 wheelchair vans and the high cost of insurance all limit competition. This business can expand in any number of ways. The Medicaid transportation needs of the state are not being fulfilled in any county in the state, Essex and Union Counties included. This long-standing transportation company has the license, experience, vehicles and drivers to grow within the counties it currently serves, and it can expand into any other county within the state simply by picking up the phone and advising the state of its intent to expand. Since the industry is served by small, independently owned companies, the roll-up opportunities are equally prominent. This is a turnkey operation; drivers and essential staff will remain. Seller financing may be available to a qualified buyer. Please contact the broker, Gerald Nimberg.

Turnkey (TNC) Transportation Network CompanyUber for Black Cars Opprtunity
$300,000Cash Flow: $90,000
Turnkey (TNC) Transportation Network CompanyUber for Black Cars Opprtunity

Monmouth County, NJ

This 9 year old Transportation Networking Company is a profitable turnkey operation with a loyal client following. This is a home based, relocatable business serving its local NJ community for the past 9 years with service to all NY/NJ metropolitan area airports. Brand identification is witnessed by their 80%+ repeat customer use with over 2,000 current customer base.

Non-Medical Ambulance & Transportation Services. $1.5 ML+ Sales.
$1,000,000Cash Flow: $436,000Seller Financing
Non-Medical Ambulance & Transportation Services. $1.5 ML+ Sales.

Bergen County, NJ

Established in 2010 this non-medical transportation business is centrally located in Bergen County and is able to service the surrounding counties as well. The company transports patients from hospitals, elder care centers, substance abuse centers, long term care centers, housebound elders, and dialysis and rehabilitation patients. Currently the majority of patients transported are MEDICAID recipients and a small percentage of private and Medicare patients. Contracts and prices are negotiated directly with the MEDICAID provider. This is a critical element of this business. For 2019 the MEDICARE rules and payment system has changed and will generate more patients. The company has a proprietary software SYSTEM linked to MEDICAID and other providers. Bills are generated directly to the SYSTEM on patient or patient representative signature on the driver’s tablet. They are accumulated weekly and submitted for payment. The company has 2 partners who share the overall management responsibilities. 22 drivers 2 dispatchers 1 bookkeeper All drivers are trained and state certified. The SYSTEM incorporates Routing Software and all drivers’ cellphones are loaded with this software. All staff are paid bi-weekly by check. The company owns and leases. 3 Box Ambulances 6 Wheelchair Vans 4 15 Passenger Vans 4 Mini- Vans NJ has limited licenses issued and there are no new licenses being issued currently. An amazing opportunity to purchase a business with TREMENDOUS upside at an attractive multiple. Sign and send the attached NDA for more information. brian@elbrokerage.com T: 917-834-4063 F: 201-568-5401

Transportation Limo Co.
$375,000Cash Flow: $167,500Seller Financing
Transportation Limo Co.

Middlesex County, NJ

Transportation limo company with a yearly gross income of $480,876 and a consistent net yearly income to the owner operator. The company offers professional services to its many loyal customers which primarily consists of rides to airports or business locations. They also provide professional limousine services in 450 cities around the world including the United State East Coast. They pride themselves on providing a superior customer experience. The company provides luxury chauffeured services to New Jersey, New York, Pennsylvania, Connecticut and all major destinations around the world. Their corporate travel services extend beyond a simple limo and they offer travelers the highest quality at the lowest prices, making them the preferred limousine provider for corporations, travel agencies, and major airlines. Their fleet includes sedans, SUVs, stretch limos, and vans. Their luxurious executive sedans accommodate up to 4 passengers with 3 medium size luggage, Groups of 4 with luggage should consider their SUVs and all their sedans have black exterior and interior. This company has five full / part time employees, representing 1099 and hourly staff, who are unaware of the pending sale, fully expected to remain post-closing, and the monthly payroll expense is approximately $10,400. The business has an assignable commercial lease which expires 2025-01-01, plus additional options, with a monthly rent of $1,000 and rent security of approximately $4,500. This successful transportation company operation is active seven days per week, with hours from 9:00 am to 6:00 pm, however due to the type of personal service, they have a 24-hour private phone service. The business has been valued / priced at $375,000 which is based on a multiple of the net yearly income which includes the value of the specific business assets. Also, seller financing has been conditionally approved to a qualified buyer with an appropriate down payment, collateral and credit rating. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.

Medical Transportation Business-Hudson County - 30193
$1,500,000Cash Flow: $600,000
Medical Transportation Business-Hudson County - 30193

Hudson County, NJ

This Hudson County, New Jersey medical transportation business transports patients to and from treatment facilities. Trips are assigned to each transportation company in the United States by a national agency, established for that purpose. The company has an impressive fleet of 15 vehicles, including 11 wheelchair vans and three minivans, and is licensed to operate throughout the state. Highly profitable as it is, this company brings not only value for its price, but unprecedented growth opportunity. The medical transportation business is a fragmented industry, served predominantly by small private businesses. In this industry, the need for this service is not being met, as demand is far greater than supply. A buyer can grow this business by adding additional routes, judiciously to existing routes, or by adding one vehicle and driver. He can also grow exponentially by adding days of service, ambulance service, operating in additional counties, and rolling up smaller companies through acquisition. The marketplace will more than accommodate. Less than three years old, this company has doubled the size of its fleet and, in the process, tripled its profits. It is difficult to imagine a business that offers more value for its price and greater growth opportunity. Please contact the broker.

Medical Transportation Services. Non-Emergency. Unlimited Growth.
$350,000Cash Flow: $94,000Seller Financing
Medical Transportation Services. Non-Emergency. Unlimited Growth.

Union County, NJ

ABSENTEE non-emergency medical transportation business. Established in 2004 and is located in offices rented in Union County NJ. Current owners are employed in financial services companies. The companies main service areas are Union & Essex Counties, with limited service in Hudson & Middlesex Counties. The company transports patients from hospitals, elder care centers, substance abuse centers, long term care centers, housebound elders, and dialysis and rehabilitation patients. The company offers wheelchair and passenger services. Currently the majority of patients transported are MEDICAID recipients through Logisticare (95%) and private patients (5%). Contracts and prices are negotiated with MEDICAID, MEDICARE & Private Providers. The Logisticare contract is a critical element of this business.Scheduling & dispatching software is provided by Logisticare. Sign and send the attached NDA for more information. E: brian@elbrokerage.com T: 917-834-4063 F: 201-568=-5401

Limo Comapny in Somerset County, NJ - 31168
$235,000Cash Flow: $70,000
Limo Comapny in Somerset County, NJ - 31168

Somerset County, NJ

A limousine service located in Middlesex County, New Jersey has just come on the market. The sale includes the customer base, goodwill, booked business, phone number, computer software and system, New Jersey State chauffer s license and more. Vehicles are extra.This business is 20 years old is growing; however, the sellers wish to retire and have decided to sell. This business is being operated without the need to acquire additional vehicles. When the need arises for cars, buses or different types of transportation, the sellers have working relations with colleagues who provide the vehicles and drivers at highly favorable commission rates.

Medical Transportation Business - 30801
$440,000Cash Flow: $180,000
Medical Transportation Business - 30801

Middlesex County, NJ

The sellers will remain to drive and manage all aspects of the business as desired. Located in Middlesex County, this 24-year old business is now available. The Company transports non-emergency Medicaid patients to and from their residences to medical treatment facilities under New Jersey state contract and license and under state regulation, compliance and guidelines. The Company provides its services to Medicaid patients in Middlesex, Somerset and Union Counties. Patient lists including date, time and pick-up and destination points are prepared daily by the State several days in advance and are offered to the Company for their selection. The business has been growing and internal funding for continued growth has been approved. The profit potential in this business is substantial. Add cars and drivers and grow it as fast as desired. There is so much business of this kind in the state, and there are sufficient barriers to entry to the number of service providers that existing providers can enjoy a long upward climb. The application for state authorization is difficult to get, the process is lengthy, and adherence to the guidelines and compliance requirements has taken most providers one to two years to achieve. Once achieved, the capital to acquire, insure and operate become the only barrier to growth. For more information, please call Gerald Nimberg at 646 269 4616 at Vested Business Brokers. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. kg

Taxi and Limo Business
$275,000Cash Flow: $140,000Seller Financing
Taxi and Limo Business

Monmouth County, NJ

Well-established 50 year old business in a very good Monmouth County town. Seller has 18 drivers and 8 cars in use. Seller also has a file with 6,000 customers. Currently renting on a month to month basis - new buyer should be able to get a 5 yr lease + 5 yr option. $300,000 payroll consists of $80,000 for office and $220,000 for drivers.

American Trolly Company Is For Sale
$1,700,000
American Trolly Company Is For Sale

Cape May, NJ

The business has been operating at the Jersey Shore areas since 1984. The current owners developed and operates the business. The business includes inventory of Trolleys, Tour Buses, School Buses plus a school bus Van fleet. The Trolleys operate in summer months in several beach communities from Cape May, Wildwood and Ocean City. The business has several components beside leisure Trolly at the beach communities. There is wedding rental, senior tours, Cape May Lewis Ferry bus transport school transportation segment plus special occasions The equipment is located on 3 acres in Cape May County. The property property can be leased which included repair garages and office. Complete inventory is available of transportation type. Note that the Trolley MFG portion is separate from the business transportation vehicle operation. The Trolley MFG will be sold separately. Financials available with signing of non disclosure package. Qualified Buyers will need to provide financial ability to complete purchase.

Executive Luxury Transportation Service
$599,000Cash Flow: $300,000
Executive Luxury Transportation Service

Bergen County, NJ

Well established Executive Transportation service providing local ground transportation to clients who request dedicated transportation. Transportation consists of Airport drop off and pick up for business and pleasure travelers; transportation to doctors appointments; transportation for any occasion. Vehicles consist of Luxury Cars, Mercedes Benz, BMW’s, Lincoln’s and other top end brands. Clients choose this company for professional drivers, cleanliness of vehicles, timely service and reasonable rates for services provided. Cars carry New York State Diamond Medallions and can provide transportation, Taxi, Limo service in the FIVE BOROUGHS of NEW YORK. Transportation services provide in New Jersey, New York, and Connecticut. Reason for Sale: Seller has other business interests that are demanding his time Equipment: 6 luxury vehicles; 1 luxury van: Growth: This Company has unlimited growth potential limited only by management. Additional advertising, Web Site Design and SEO, As well as adding additional drivers to the fleet would increase sales significantly. Office Lease/Location: Small retail space and parking area for the cars. Current lease is $1600 a month and expires in April of 2018. Lease can be renewed or business can be moved. Office location has no bearing on business as long as it is in the general area. Operations: Business operates 24/7; drivers keep the cars at their homes and respond to the dispatcher requests. Numerous drivers have steady customers with steady repeat business. Office can be operated by one person – dispatching and administrative, and general management duties.

Limousine Company Service Business
$600,000Cash Flow: $186,366
Limousine Company Service Business

Passaic, NJ

Serving the tri state area for 15 years, this premiere service provides stylish and professional transportation for any occasion. Operating out of a great centralized location, all 18 vehicles in the fleet are included with the sale.

Child Transportation Business For Sale-30722
$230,000Cash Flow: $76,320
Child Transportation Business For Sale-30722

Middlesex County, NJ

Established in 2002, this business transports children to and from school locations. They have four vehicles- three vans and one 16-passenger bus. They also provide service over the summer. Call today.

Black Car Executive Limo Service
$150,000Cash Flow: $123,564
Black Car Executive Limo Service

Hackensack, NJ

Well established executive limo service. 100 active clients. Clients include high net worth individuals and corporate executives with an over 85% repeat rate. Two foreign vehicles Audi & Mercedes) valued at $29,500 are NOT included in the asking price. This could be a home based business for the new owner. Please contact TBC Business Brokers for more information at tbcpearl@aol.com

Profitable, Specialty Limousine Company, serving New Jersey
$499,000Cash Flow: $163,108
Profitable, Specialty Limousine Company, serving New Jersey

NJ

A profitable specialty limousine business is available for sale due to the retirement of the owner. This unique limo business specializes in providing patient transportation for specialized treatment facilities in New Jersey. The patients can be located in the Tri-State area. The business has grown every year since inception and has significant growth potential. Because of the uniqueness of this business, it has no competition and is “Uber-Proof.” The seller will insure a smooth transition for the buyer. Included in sale are four upscale vehicles. The buyer does not need industry experience to be successful. Please call for further details.


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