Established Profitable Airport Limousine Service

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Established Profitable Limousine Service
Asking Price:
$1,000,000
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Gross Revenue:
$372,000
Cash Flow:
$271,000
EBITDA:
$271,000
Inventory:
$5,000
not included in asking price

FF&E:
$181,000
included in asking price

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Business Description

Well established, high-end airport ground transportation business based on-field at a Rocky Mountain regional airport serves a wealthy market and is relied upon by major air charter and medical service providers. The business also serves the off-road back-country tour market.

About the Business

Year Established:
1989
Number of Employees:
6
Real Estate:
Leased
Building Sq. Ft.:
10,000
Lease Expiration:
6/1/2038
Facilities:
On-airfield maintenance and storage facilities for current fleet of 6 vehicles with fuel tanks, expandable to 10 vehicles.
Market Outlook/
Competition:
The business is the dominant player at this particular airport which serves wealthy mountain resorts and competes successfully throughout much of Colorado. The challenge in this line of business is maintaintaining a crew of exceptionally professional drivers.
Growth & Expansion:
The business is based at one airport and enjoys a top-notch reputation. The business model could be replicated across Colorado and potentially nationwide.
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About the Sale

Reason For Selling:
Time to scale back on business ownership responsibilities.
Training/Support:
Owner would like to remain the "face and voice" of the business, answering phone calls and responding to emails, but would like to relinquish business and administrative responsibilities. Buyer and seller would arrange a continuing employment/consulting agreement for this purpose.

Listing Info

ID:
1515312
Ad Detail Views:
61

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Business Listed by

John Hornblower

VR Business Brokers Aspen, CO

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U.S. Census Data for Colorado
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Colorado
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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