Established Limousine Business For Sale
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $650000
Net Profit / Cash Flow $230600
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1982
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Reason for Sale Other business interests.
Description This well established Limousine Business for sale, has been operating in the same location for 16 years. The office is located on a busy main highway in western Suffolk County. It has heavy traffic passing by all day, and gets many walk in clients in addition to its client base. The company has a great reputation and a large loyal clientele including an extensive corporate client base. They are recommended by several catering halls. The business includes a versatile fleet of 11 vehicles all within 2 years old from town cars up to a limo bus and an antique limo as well. They are all well maintained and in very good condition, with a current liquidation value of approx $300,000. Owners other business interests creates this excellent opportunity for the right person. Grossing $650,000 with a net of approx $230,000. Asking only $650,000 with $350,000 down which includes all vehicles. If buyer wants to purchase the name and client base including phone #'s to add to their existing business owner will entertain the offer and liquidate the vehicles on his own. If you're looking for a well established, well run, very profitable limousine business then this is a definite must see so inquire now.
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