Profitable Limo Company & Custard Stand w/ RE

Mentor On The Lake, OH
Lake County

Center of Lake County


Asking Price: Annual Revenue:
$1,499,000 $750,000

Services: Taxi, Limo, & Passenger Transportation


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RE: Profitable Limo Company & Custard Stand w/ RE Broker: Tim Cline
License #: 2013003192
Owner Financing is Available!
Owner may consider financing with significant down payment.

Quick Facts

Asking Price: $1,499,000
Annual Revenue: $750,000
Net Profit: $125,000
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: $600,000
Year Established: 1991
Employees: 12
BBN Listing #: 273853665
Broker Reference #: 4122232

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Business Overview:

Own two businesses in Mentor on the Lake. All Occasion Limos and Biggies Custard. Two profitable businesses which include equipment and 10 limo/limo buses.

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Property Features and Assets:

All business chattel, tools, equipment, of both businesses is included.

Market Competition and Expansion:

Plenty of room for expansion throughout Northeast Ohio

Reason for Selling:

Retiring

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.

Documents:

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