Specialty Event & Transportation Company

Chicago, IL
Cook County

Downtown Chicago

Asking Price: Annual Revenue:
$625,000 $459,000

Recreation: Entertainment

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RE: Specialty Event & Transportation Company Broker: Jim Peddle
Owner Financing is Available!
$62,500 seller note.

Quick Facts

Asking Price: $625,000
Annual Revenue: $459,000
Net Profit: Not Disclosed
Cash Flow: $197,269
Total Debt: Not Disclosed
FF&E: $185,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 6
BBN Listing #: 84150522
Broker Reference #: PB16203

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Business Overview:

Great opportunity to purchase a 5 Star rated specialty event and transportation company based in downtown Chicago. The company provides a unique experience for local and non-local corporate clients in town for trade shows, meetings, and other sales events. A buyer has the platform to further expand operations in Chicago by putting more vehicles in place to better serve their growing customer base.

With this sale of the operations, the Buyer will receive the following assets;

• All Chicago operations including phone number, website, social media, current staff of drivers and tour guides, vendor relationships, and customers.
• Trademarks for the company name and logo
• One free and clear vehicle with an estimated current value of $185,000
• Option to purchase future vehicles from the seller
• All current deposits for scheduled 2020 events
• 60 day training and transitions

All interested buyers must sign an NDA and provide background information such as a linkedin profile.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The administrative side of the business is run out of the seller's home office and the buses are stored in a rented warehouse facility

Market Competition and Expansion:

The Company provides a custom experience with all-inclusive packages vs. the competition who mainly provide transportation alone. The Company’s largest clientele are local area and national/international corporations that reserve the vehicles for private events. Corporate business has grown steadily with many repeat customers using the unique vehicle to host client and team building events on a repeated basis. With thousands of potential corporations to work with, there is a massive growth opportunity in this sector. The only downside is The Company does not have a fleet of vehicles and sometimes must rent other vehicles to accommodate large groups. It will also occasionally miss business opportunities since its vehicles can only accommodate one group at a time, and frequently receives inquiries for times that are already sold out.

Reason for Selling:

Other business interests

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.

Relevant Links:

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