Corporate Black Car Service *Price Reduced* 30731

Not Disclosed, NJ
Middlesex County

Asking Price: Annual Revenue:
$415,000 $480,000

Services: Taxi, Limo, & Passenger Transportation

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RE: Corporate Black Car Service *Price Reduced* 30731 Broker: Mel Vaz

Quick Facts

Asking Price: $415,000
Annual Revenue: $480,000
Net Profit: Not Disclosed
Cash Flow: $225,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 26234447
Broker Reference #: Other projects.

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Business Overview:

High-end corporate black car service. *Price Reduced* This business provides corporate clientele for transportation needs, from luxury sedans to motor coaches in New Jersey and New York Tri-State Area. Around 70% of trips are airport runs or trips to Manhattan. This company has a very profitable and stable business at Newark EWR, JFK, LGA, TEB, Los Angeles Airport and Las Vegas Airport. The drivers have clean licenses and no violations. There are 3 full-time drivers that will stay with the business, and four vehicles included in the sale (two 2015 Lincoln MKS, one 2011 Suburban and one 2011 Lincoln Town Car). All vehicles have GPS tracking. In the past year, the business grossed approximately $480,000.00, with a cash flow of approximately $182,000.00. There is a 750 square feet office space that can be relocated, based on the new owner's preferences. The current owner is selling to work on other business interests, but would be willing to stay on for a period to ease the transition with the clientele, and get the new owner comfortable running the business. This business could also be a great add-on for a company that already provides transportation services. We are seeking a serious and financially qualified buyer with at least $300K in liquid funds to cover the downpayment. To learn more, please contact Mel Vaz. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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Additional Details:

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

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