Established Limousine Service -Nor Cal

Not Disclosed, CA

Asking Price: Annual Revenue:
$770,000 $1,220,000

Services: Taxi, Limo, & Passenger Transportation

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RE: Established Limousine Service -Nor Cal Broker: Nobuko Isoda

Quick Facts

Asking Price: $770,000
Annual Revenue: $1,220,000
Net Profit: Not Disclosed
Cash Flow: $354,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1972
Employees: 17
BBN Listing #: 70161219
Broker Reference #: LA04239

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Business Overview:

This is an established Limo and Transportation Service company. The current owner has been involved in the business for more than 25 years and built up this solid business. The client is foreign tourists and international business people as well as local corporate accounts. It has earned a reputation in the traveling agencies, airlines, celebrity and major corporations as the most reliable and trusted provider of limousine service and hospitality. The employees are all well trained and their quality of hospitality is one of a kind. That is why this company continues to be successful. Most important, Uber is not competing with this company. More than $130,000 worth of 13 Auto fleets is included in the asking price. No debts, No liability, clean books and records, all W-2 employees! SBA lender may approve if Buyer’s credit is good. Since the Auto Depreciation Expenses $110K has been transferred to Cost of Sales, Owner’s profit $260,000.00 is genuine net profit for a new owner. Owner will provide support to make the transition as smooth as possible. This owner is going to retire. Serious contacts only with Confidential Agreement signed and Proof of funds.

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Reason for Selling:


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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