Business Overview:
Limousine and Party Bus service with national notoriety. The owner started this business 17 years ago and the business is still growing even in a down economy. (The business generates over $5,000,000 in revenue annually with a healthy cash flow of over $900,000.) Property is available for $1,200,000 through the owner. Inventory is valued at current market for $2,000,000.) The reason for this is that this business is very well known and has an excellent following. The business model is different than other companies in the limo industry and they are known for having different limousines than everyone else so people come for all different special events. This operation has over 28,000 customers in database. The company is very well diversified and they don?t get any big source of revenue from any one customer so this allows business to be less affected by the economy. The company is well known in New York and throughout the industry as being one of the best companies around. If you want to own one of the most well known and sought after Limousine companies in the US with huge growth opportunity, this is the business for you. The company has been recognized several times in industry publications for the innovation in vehicles that are unique and well kept. Tax returns and P&L will be provided to serious buyers, call broker for more information. FF&E is value of cars.
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:
Personal
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 a franchise resale opportunity.
Resources: