Owner Financing is Available!
Business Overview:
Providing a wide range of chauffeured ground transportation services in the DFW metroplex, this Company offers impeccable services for the corporate sector and retail customers while enjoying a 65 to 70% repeat limousine service customer rate. The Company, with its 4 vehicles, has only been in business 7 years but has developed a business model that enables it to command premium pricing. Pricing is not discounted. This can be primarily attributed to the technology it employs (online reservation system, automated confirmations, communication consoles in limousines and Teletrac devices that allow the dispatcher to view where each limousine is at all times, manage last minute reservations, assist the chauffeur with navigation and permanently record actual record of trip, etc.) that vastly increases the efficiency of operations. Sales for the 1st quarter of 2011 are 17% in excess of the same period of 2010 despite the lingering health issues of the owner and the absence of a sales staff.Sales for 2011 as of 6/30/11 are more than 100% in excess of the same period of 2010 despite the owner’s lingering health issues and the absence of a sales staff.
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Property Features and Assets:
The Company leases 600 square feet of office space with sufficient additional space in a gated secure parking area to house the 4 limousines.
Market Competition and Expansion:
•Private Car industry was a 17 billion dollar industry in 2010
•Texas is among 3 states reporting the highest increase in demand for chauffeured transportation
•Highly fragmented industry
•Industry not resilient to economic downturns
Reason for Selling:
Illness
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.