Limo Company & Tux Shop For Sale
Location New York,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1300000
Net Profit / Cash Flow $641020
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1997
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Description This highly profitable limousine company enjoys a strong 11 year reputation with NYS DOT Certification. $500K of revenue comes from corporate accounts. The Company specializes in high ticket bookings, focusing on special events, proms, weddings, nights on the town, Atlantic City trips, etc. In addition, the Company receives steady business from several catering halls and event planners. The Company maintains a strong backlog of advanced bookings. The sale includes 9 custom built passenger vehicles worth an estimated $750,000 including an 08 Cadillac Escalade 20 pass, 08 Porsche Cayenne 14 pass, 08 BMW X5 14 pass, 08 Hummer 20 pass, 07 Mercedes S550 10 pass, two 06 Chrysler 300's 10 & 12 pass, 05 & 06 Ford 14 passenger vans. All cars can be financed and are currently owned or you can just buy the company without the cars for $850K. The insurance is paid up for the rest of 08 included in sale. The Company has on site parking for its vehicles as well as a website. This is an established business with a positive track record of revenue and earnings. It is a great opportunity for a qualified buyer seeking high income. Tux shop and dress shop also included. Owners overseas business is taking off and they are selling because he needs to spend time there. The current owner has done everything from great websites to customer service and employees all you have to do is come in and turn the key. Email or call today for more information on this Limo Company & Tux Shop for sale and make an appointment to learn more before someone else beats you to it.
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