Business for Sale Overview:
This highly profitable limousine company 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. In fact, the sale includes $350,000.00 in jobs that have already been booked (with deposits) and four custom built 20 passenger vehicles worth an estimated $400,000.00: 1. 2005 Stretch Hummer 2. 2006 Stretch Hummer 3. 2005 Stretch Escalade 4. 2007 - Brand New - Stretch Escalade. 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.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Other business interests
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.