Lucrative Limo Company For Sale-25840

Not Disclosed, CT
New Haven County

Asking Price: Annual Revenue:
$219,000 $122,000

Services: Taxi, Limo, & Passenger Transportation

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RE: Lucrative Limo Company For Sale-25840 Broker: Marie Goldstein
Owner Financing is Available!
$169,000.00 Down & $50,000 over 36 months @ 7%.

Quick Facts

Asking Price: $219,000
Annual Revenue: $122,000
Net Profit: Not Disclosed
Cash Flow: $66,601
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 5
BBN Listing #: 67414447
Broker Reference #: 25840

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Business Overview:

A one-man-show limousine company with more than 500 repeat customers. Fourteen years in business with good name, but has to give away profitable runs, due to lack of help. New operation with decent help can easily double business, as current owner drives, repairs, changes oil and hand washes and waxes his 5 limousines, which come with the purchase of the business. It is hard to find limo company for sale like this, as the current owner has no website. This creates all upside potential for the next owner. He is ready to help the next owner- not only with transition, but will continue working for him. Current owner has hardly raised his prices in the past 14 years!

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Reason for Selling:

Health issues.

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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