California Business For Sale

Southern California Limo Business

Not Disclosed, CA

Services: Travel, Transportation

Asking Price:
Year Established:
Employees:
Listing Number:
$1,000,000
1985
Not Disclosed
441322810
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,600,000
Not Disclosed
$249,000
Not Disclosed

Business Overview:

This is a 20 year old Southern California limousine service. Has always been in the top three largest operators. Founded to provide chauffeured limousines and other luxury vehicles to the retail and business traveler markets. Company focuses on Special Events, Sporting Events, Weddings, Nights on the Town, Wine Tours, Casino Packages and airport transportation. The company has several thousand repeat customers (6,000 customers total), developed over the last 20 years of quality service to demanding customers. The repeat clientele list is very large. The company has a dynamic Web site and professionalization drives customers to the sight many times daily. 2007 service is provided with 17 vehicles, however vehicle inventory does change with demand and season. Company has 33 chauffeurs, most are seasoned with at least 2 or more years experience. Reservations are fully computerized. The city's airport is one of the top 10 destination airports in the United States. The city is one of the top 5 tourist destinations in the U.S. and offers a tremendous opportunity in the untapped meeting and events segment of the chauffeured transportation industry. The chauffeured transportation industry is a six billion dollar industry, growing at a rate of about 6% per year. Buy this business now and grow with the industry using your sales and management experience. Contact Information Contact: Charles Tenney Phone: 817.274.0054 Email: ctenney@charlestenney.com

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Property Features and Assets:

10,000 sq.ft. warehouse + offices + outside parking. Facility is leased and Buyer will probably be able to lease also.

Market Competition and Expansion:

The chauffeured transportation industry is a six billion dollar industry, Industry is growing at a rate of 6% per year. Demand is high. Growth and Expansion: There is room for substantial growth in the market, especially in developing corporate accounts. There are also several untapped niche marketing opportunities that could easily push sales even higher. Company has significant yellow page presence, but continues to place more emphasis on Website marketing. There are two major competitors and many small Mom and Pop competitors. Company has a dominate position in web search engine placement. There is room for substantial growth in the market, especially in developing corporate accounts. There are also several untapped niche marketing opportunities that could easily push sales even higher. Repeat business is strong due to a diligent, "above and beyond" customer service policy.

Reason for Selling:

Seller wants to invest proceeds of this into new biz

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Southern California Limo Business
Business Listed By:
Charles Tenney
Charles Tenney & Associates
contact the seller
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