Business Overview:
Well established 7 year old Limousine and Transportation business located in Jupiter Florida. The company provides service to Palm Beach, Fort Lauderdale & Miami International airports as well as Port Everglades, Port of Palm Beach, & Port of Miami. In addition, the business provides transportation & limo service to Orlando & surrounding attractions, Martin, St. Lucie, Okeechobee & Indian River Counties. There are 3 full time & 3 part time drivers which are all independent contractors and paid via 1099. As of January 2011, the driver’s compensation was restructured to increase the businesses profit margin. With that additional revenue, the 2011 projected profit of the business is $96,795. That assumes only the same gross sales as achieved in 2010.
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.
Property Features and Assets:
Situated in the state's #1per capita income county. All five Vehicles are in very good condition and include a white 12 passenger Lincoln Town Car stretch limo, a white 8 passenger Lincoln Town Car Stretch limo, a Black 6 passenger Lincoln Town Car Stretch limo, and 2 black Lincoln L Series Town Cars. Total assets valued at $101,500. With over 200 commercial accounts, forty percent of the business is derived from special events and general transportation service, and the other sixty percent of the companies business comes from airport & seaport service.
Market Competition and Expansion:
Business can be grown with minimal marketing or combined with an existing transportation business.
Reason for Selling:
Other Business interest
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: