High End Limousine Service For Sale
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $650000
Net Profit / Cash Flow $360000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1992
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Reason for Sale Other business interests.
Description This highly profitable limousine company for sale enjoys a strong 16 year reputation with NYS DOT Certification. This is supported by the fact that approximately fifty percent of the clientele is made up of repeat customers. The Company specializes in high ticket bookings, focusing on special events, proms, weddings, nights on the town, Atlantic City trips, etc. 50% of Gross Sales comes from Proms, the balance is made up of Weddings, Sweet 16's, Nights Out, Bachelor & Bachelorette Parties. In addition, the Company receives steady business from several catering halls. The Company maintains a strong backlog of advanced bookings. The sale includes three custom built 20 passenger vehicles worth an estimated $300,000. 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.
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