Business For Sale

Established Transportation Business

Not Disclosed, IA

Des Moines Metro Area


Asking Price: Annual Revenue:
$315,000 $219,875

Services: Taxi, Limo, & Passenger Transportation


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RE: Established Transportation Business Broker: Scott Stricker

Quick Facts

Asking Price: $315,000
Annual Revenue: $219,875
Net Profit: Not Disclosed
Cash Flow: $34,258
Total Debt: Not Disclosed
FF&E: $216,500
Real Estate: Not Disclosed
Year Established: 2005
Employees: 2
BBN Listing #: 742035915
Broker Reference #: 2880

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Business Overview:

This established transportation business for sale in the Des Moines metro area has provided reliable services for special events in the state of Iowa since 2005. The business has a fleet of 14 clean and well-maintained vehicles including limousines, trolleys, mini & super limo buses, shuttle & full-size buses. Drivers are 1099 workers who are routinely drug-tested and provide excellent customer service. The business also maintains proper licensing to comply with DOT regulations. Because the clientele for this business covers a wide range, the owners are open to breaking out the assets for a niche buyer or possibly multiple buyers wanting to focus on specific markets.

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Property Features and Assets:

The 1,200 square foot facility includes a security system with cameras and an established phone number with a VOIP phone system in place.

Market Competition and Expansion:

The majority of the business from this company comes from weddings and wedding-related activities in Central Iowa. Growth can be found by establishing a presence in other markets throughout Iowa; increasing corporate, specialty tours, and other special-event clientele; and by adding other vehicles such as antique classic cars, stretch limousines, etc.

Reason for Selling:

Focus on other business ventures.

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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