Limo Service Company
Location California,United States
Asking Price Range < $250K
Gross Revenues $84000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2012
Number of Employees 1 - 3
Inventory FF&E= $25000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Other interests - including family
Description This is a Unique Opportunity to own a home-based limousine company. The company currently has two, four door sedan Lincoln Town cars. Both Limousines are fully paid off and in great condition as they are maintained regularly. Each car is equipped with a GPS tracking system and has less than 100,000 miles. Also included in this sale is a very professional website.
The first limousine is leased out for $2,000 per month plus 30 percent of the driverrs earnings. This particular model has extra leg room, a navigation system and a rear view camera. The second limousine is a standard sedan. The driver pays 50 percent of his earnings per month to the owner. The drivers for both cars pay for their own gas.
The company is currently absentee run and with an annual revenue of $85,000. Right now the hours of operation are 16 hours per day, so there is an option to add another shift or become an owner operator if so desired to increase revenues. This company makes regular and long distance trips and is also affiliated with many dispatching companies, like Uber. The company fields many incoming calls which make this a good opportunity for growth by adding more cars and drivers. All the permits are up-to-date and the company has very clean books and records on hand. The owner has a great business plan to increase profits and is willing to share with a new and energetic buyer. The owner is selling to do something different out of the transportation genre.
For more information, please contact Ben at (818) 462-1507
Click Here To Contact Seller
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