36 Y/o Party Bus & Limo Biz!

Not Disclosed, NJ Monmouth County

Asking Price: $1,600,000

Annual Revenue: $750,000

Services: Taxi, Limo, & Passenger Transportation

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RE: 36 Y/o Party Bus & Limo Biz!
Contact: Elliot Dweck

Quick Facts

	Asking Price:	$1,600,000
	Annual Revenue:	$750,000
	Net Profit:	Not Disclosed
	Cash Flow:	$250,000
	Total Debt:	Not Disclosed
	FF&E:	$850,000
	Real Estate:	Not Disclosed
	Year Established:	1988
	Employees:	2
	BBN Listing #:	167864169
	Broker Reference #:	189597-165234

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Business Overview:

36 y/o Party Bus & Limo Biz! 850k in Vehicles w/ no Debt!

36 Year Old Party Bus and Limo company based in Monmouth County with 11 vehicles, including 7 luxury party busses. There are currently 16 drivers on staff. Annually, they do over 800 trips per year, averaging $900 per trip. They only cater to local special occasion events, which are more profitable and helps keep low mileage on the vehicles. Since they don’t do last minute airport runs and special occasions are booked far in advance, scheduling the drivers is simple. The other component that makes this business easy to manage is that most trips are booked online via the LimoWiz software, which provides complete dispatch, billing, A/R, maps, credit card processing. The business has a strong reputation as it has serviced over 19,000 weddings! Price includes 11 vehicles, with a market value of 850k with no debt on them. 10 of the vehicles have less than 60k miles on them!

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Property Features and Assets:

Monthly Rent: $1,450.00

Square Units (Foot, Meter): 400

Reason for Selling:

Retirement

Additional Details:

The property is Leased.
This is not homebased business opportunity.
This is not a franchise resale opportunity

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