Large Independent Luxury Limousine Business in FL

Not Disclosed, FL
Miami Dade County


Asking Price: Annual Revenue:
$3,250,000 $6,179,284

Services: Taxi, Limo, & Passenger Transportation


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RE: Large Independent Luxury Limousine Business in FL Broker: Patrick Gagliardi

Quick Facts

Asking Price: $3,250,000
Annual Revenue: $6,179,284
Net Profit: Not Disclosed
Cash Flow: $719,318
Total Debt: Not Disclosed
FF&E: $1,000,000
Real Estate: Not Disclosed
Year Established: 1991
Employees: 23
BBN Listing #: 9793344
Broker Reference #: 3596

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Business Overview:

Large high-end independently owned limousine service in Florida, providing turnkey luxury group transportation. Their fleet consists of late model sedans, SUVs, Sprinter Vans and mini-buses. Since 1990's, they have earned a first class reputation with one of the highest staff retention levels in the industry. Providing ground transportation and logistical support for: Corporate clients, conferences, meetings, executive travel, weddings, sporting events and diplomatic service.

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Property Features and Assets:

Office/Warehouse/Parking lot.

Market Competition and Expansion:

Over the next 5 years, consumer spending and travel activity will continue to rise, generating steady demand for industry services. Drivers for transport companies have benefited from limited government oversight. The percentage of services conducted online serves as a proxy for e-commerce and other innovations that will transform this sector in coming years. Miami continues to develop verticals that have higher revenue margins. Now the Miami Convention Center is reopened, opportunities for contractual transportation are being booked.

Reason for Selling:

Retirement

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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