Middlesex County, NJ Limo and Passenger Transportation Businesses For Sale

Limo and Passenger TransportationNew JerseyMiddlesex

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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

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 - 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


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