Limo Passenger Transportation

Asking Price$1,950,000

Cash Flow
$506,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,200,000

Inventory$1,600
Included in asking price
FF&E$880,000
Included in asking price
Passenger Limo Co.Save

Limo Passenger Transportation


Asking Price$1,950,000

Cash Flow
$506,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,200,000

Inventory$1,600
Included in asking price
FF&E$880,000
Included in asking price

Seller Financing Available
Business Description
Twenty-five-year-old profitable Taxi & Limo Transportation Company with a substantial net yearly income serving the diverse ground transportation needs of NY for many pasts many years. This Car Service company in NYC is a NYC Taxi & Limousine Commission (B00112) licensed provider, offering safe, efficient, and friendly transportation 24/7/365. We welcome both corporate and personal accounts. Our dedicated team of professional drivers is trained to navigate the city with ease, ensuring punctual arrivals and departures for every trip. Whether you need a quick ride within the boroughs, a convenient airport transfer, or a dependable option for a special event, we are here to make your journey stress-free. With decades of experience, Harbor View Car Service in NYC upholds a tradition of excellent customer service, comfort, and reliability for all passengers. This is a family-owned and operated company and has been one of New York's most reliable car services since its inception. They are proud to follow the business principles established by the founder: Serve the customer in the most efficient and friendliest way while giving back to the community daily at every opportunity. Voted Best in the Boro in 2013. Whether it is airport transfers, corporate events, or executive commutes, your role elevates the travel experience for businesses and professionals. Their base is located in the Brooklyn NY area with convenient access to the entire Tri-state New York, New Jersey, and Connecticut area. The company has numerous Taxi licenses and approximately twenty-two vehicles. Based on the asking price, required down payment and net income, this business will supply a consistent return to the owner operator prior to debt service. They have an extensive list of clients, ranging from top Blue-Chip corporations to individual travelers, brides and people celebrating extraordinary events. Their chauffeurs are knowledgeable and experienced, and the vehicles are maintained to the highest standards of industry and are always impeccably clean. This Transportation Limo Company prides itself as members of both the Limousine Association of New York and the National Limousine Association. Their substantial fleet consists of a large number of late model autos, Lincoln Town Sedans, passenger stretch limousines, Cadillac Escalade SUV, and a passenger luxury limousine party bus. They understand the importance of on-time transportation and professional black car services. They service all International, Regional and Private New York Airports with dedicated, on-time ground transportation services. They provide prompt, courteous, airport transportation for all airports and they understand the importance of on-time transportation and professional black car services.
About the Business
Years in Operation
31
Facilities & Assets
The facility consists of 2,000 square feet in a commercial setting with multiple offices used for various dispatches and other office space.
Market Outlook / Competition
This general area has limited competitors, and the seller has agreed to supply a long-term non-competition agreement to the new operator.
Opportunities for Growth
This business can be further developed with an improved & increased marketing plan, improved internet advertising and by increasing web position optimization.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,000
Rent
$4,200.00 per month
Lease Expiration
1/1/2033
About the Sale
Seller Motivation
The sale is due to owner retirement after many years of success in this industry
Transition Support
The seller will remain post-closing in order to supply an appropriate transitional period.
Financing Options
. This business transaction offers SBA and owner financing to qualified buyers based
Listing Info
ID
2428496
Listing Views

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Business Listed by: Ron Cervelli Regal Consulting Corp.

Listing ID: 2428496 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.