Limo Service: High-end Contracts & Referral Model

Confidential, CA
Los Angeles County


Asking Price: Annual Revenue:
$1,000,000 $1,274,026

Services: Travel Related Services


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RE: Limo Service: High-end Contracts & Referral Model Broker: Gregory Michail

Quick Facts

Asking Price: $1,000,000
Annual Revenue: $1,274,026
Net Profit: Not Disclosed
Cash Flow: $451,027
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: 8
BBN Listing #: 653649538
Broker Reference #: PASADCA001-N1806

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Business Overview:

This 11-year old Limousine Company has grown exponentially since inception and is now available for a new owner or competitor to take it to the next level.  This business has seen Year-Over-Year growth of Revenue and in 2018 the business generated $1,274,026 million in annual sales revenue and produced $451,027 recasted net cash flow for its Owner. The business competes based on providing a very high level of service in the hired transportation business.  Current customer type breakdown is 80% Hotel and 20% Private clients. There are limited customer concentration issues, with no hotel accounting for more than 25% of the revenue. Opportunity for expansion to begin servicing Music/Entertainment/Sports Team Accounts. Significant barriers to entry exist for under capitalized competitors.  Among the value-adds for the business, this opportunity offers the following:  Long-term relationships with 5 Star Hotels in the Los Angeles Area New Dispatching Software, Dash Cameras, New Accounts all added in past 12 months 50% of dispatches are referred out, keeping down overhead The business currently has 5 vehicles in service, which are not included in the asking price, but are available for purchase at Kelly Blue Book value. The business currently has 1 working owner, 4 drivers, 3 dispatchers and 1 part-time office staff.  For more information, please contact Greg Michail at (415) 438-0202 or at gmichail@sunbeltnetwork.com.

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Reason for Selling:

Other business opportunities

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.

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