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Businesses For Sale   >>   Portland Businesses For Sale   

Limo And Party Bus Business

Location  Portland, Oregon, United States
Asking Price Range  < $250K
Gross Revenues  $280000
Net Profit / Cash Flow  $101000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2010
Number of Employees  6 - 9
Inventory  84000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  3 weeks
Reason for Sale  Other business interests

Description  
This business has three limos and two party buses. They do wine tours, graduations, wedding parties, and corporate business. They have loyal repeat customers. There is plenty of growth potential to add more vehicles. What the owner is looking for is a husband and wife team to work the business. There is plenty of money to be made in this business and you can make a living just off the tips. The current owner is single and doesn't have a partner, so someone to help with the driving and bookkeeping would be ideal. For the right husband-wife team the owner is not only willing to finance 60% but would be an earn-out to prove to the buyer that the money is there. A reasonable down payment is required. All the vehicles are in excellent shape. This business was started in 2007. The current owner has had it three years. He has another business and is having a hard time running both. Upon receipt of your NDA and financial statement we'll send you a Selling Memorandum with financials and the web site. Asking price is $249,000. Call Allen Cohen, principal broker West Coast Business Brokers, for information. 503-747-2041.


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