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Business For Sale

Multi-Vehicle Limousine Service

Chicago, IL

Services: Travel, Transportation

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$400,000
$961,314
Not Disclosed
$124,200
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1996
21
851529267

Business Overview:

High volume, mult-vehicle limousine service…Prequalified for SBA Financing…Well established for almost 20 years….Owner retiring. This profitable livery service has an established niche client base including high income individuals, corporations and suburban airports. It has a fleet of 12 well-maintained vehicles which are included in the purchase price. Its drivers are independent contractors with excellent longevity. The business has an excellent reputation and has twice been cited by the area newspaper as being the area’s most preferred limousine service. With a diverse and loyal customer base, 85% of its revenue comes from repeat business. This business is primed for growth and is a great opportunity for either an individual Buyer or a strategic Buyer seeking to grow its business. The Company has an organized dispatch and payment system as well as a core of experienced drivers. It presently services an affluent area, and growth is only limited by the size of its fleet. A buyer able to add to the fleet would be able to immediately expand the business. The retirement age Seller is not desirous of engaging in expansion at this time in his career. The Company is well branded, has infrastructure in place and is ready to be grown with SBA financing in place

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:

Health/Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.