Limousine Company
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $424331
Net Profit / Cash Flow $125000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1990
Number of Employees 6 - 9
Inventory 91000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Seller will provide training.
Reason for Sale Retirement & relocation.
Description Imagine your company history includes contact with recognized people such as the President of the United States and glamorous film and TV stars! Can you imagine yourself and your family in that type of picture? This limo company has successfully operated and brought glamour and style and grace to clients for over 15 years and has a loyal clientele for such events as business and personal travel, sightseeing, restaurant dining, weddings, bachelor parties, bachelorette parties, wine tasting touring, academy award type events, film events, sporting events, prom and dress up times, shopping, and more. Sale includes seven company vehicles and company phones and equipment and furniture valued at around $90,000. With $200,000 down payment the seller may offer a credit approved buyer a $200,000 note for five years at 9%, $4,151.67 per month. Also a buyer may want to consider an SBA loan, with $132,000 down an SBA loan may run $5,826.99 for 60 months at 11%, all subject to credit approval. Seller plans to pursue a life style change and move out of state to build and operate a restaurant. Please email or contact Lonnie Langdon at 310-539-8300 x 214 for more information on this Limousine Company for sale.
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