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Business For Sale
HOME-BASED LIMOUSINE SERVICE
Attn:
Bill Augustine
Chicago Suburb, IL, USA
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Listing Number: "CH1415-BA"
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Listing
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Asking Price: |
$595,000
USD USA Dollars
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Business for Sale Industry: |
Services: Travel, Transportation
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Reason for Selling:
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Owner Retirement - Health |
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Year Established:
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1999 |
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# of Employees:
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8 |
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Yearly Cash Flow:
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$155552 |
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Yearly Gross Income:
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$360859 |
Business for Sale Overview:
The founders and 8 year owners of this home-based Woodstock limousine service wish to retire and move south for health reasons. The business owns 2 stretch limos and 5 town-cars, the 7 drivers are long term independent contractors. Because of health reasons they have not grown the business, but the growing area begs for more service. Revenue is running around $400k with cash flow of 180k. 27% of revenues are cash, 20k advertising has been prepaid and the business has little overhead but utilizes up-to-date dispatching software.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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