Premier Limo Business in S. Florida

Not Disclosed, FL
Palm Beach County


Asking Price: Annual Revenue:
$4,950,000 $3,310,000

Services: Taxi, Limo, & Passenger Transportation


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RE: Premier Limo Business in S. Florida Broker: David Ballou

Quick Facts

Asking Price: $4,950,000
Annual Revenue: $3,310,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $1,105,150
Real Estate: Not Disclosed
Year Established: 1978
Employees: 7
BBN Listing #: 3398630
Broker Reference #: 7301183732

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Business Overview:

S FLA's premier Limousine Transport Business specializing in Palm Beach Island since 1978. One owner since inception. 19 permits for PB Island. Fleet of 50+ vehicles incl. MBenz, Cadillac, Vans, Stretch (most new model yr) worth $1.4mil delivered free can clear at closing. 60-70% of business is from Palm Beach Island clients. Also services Broward and Dade. All a-ports and c-port licenses included. RE@ $725k included. First class operation, clean books, Seller will stay on as needed. RE INCL in price, appraised at $750,000. SBA pre approved. Please refer to listing 7301183732, business broker David Ballou when you inquire about this listing. Please use email reply button of this ad to contact us.

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Property Features and Assets:

Lease/Month: $3,200; Square Footage: 1,200; Building Type: Office - PB Isl; Terms & Options: Easy to assign or extend; Expiration Date: 10/26/2023.

Market Competition and Expansion:

Non Compete : Miles: 100 Years: 5

Reason for Selling:

Retirement

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.

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