Limousine Company for Sale in New Jersey

Asking Price$250,000

Cash Flow
$151,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$510,000

InventoryNot Disclosed

FF&E$60,000
Included in asking price
Real EstateNot Disclosed

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Limousine Company for Sale in New Jersey


Asking Price$250,000

Cash Flow
$151,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$510,000

InventoryNot Disclosed

FF&E$60,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
LISTING ID # 35949

Established New Jersey Limousine Company: A Well-Established Home-Based Venture with 3 Well-Maintained Vehicles worth $60,000 (2 Suburbans and an MKT, years 2018-2019) each with Full-Time Drivers. This business boasts 2 long-term, renewable contracts that consistently provide a steady stream of work, primarily catering to corporate executives and airport transportation. The current owner primarily focuses on vehicle monitoring through GPS. Additionally, this opportunity includes plate permits that allow for the addition of up to 10 more vehicles, presenting an exceptional growth potential for a new owner. Traditional bank financing is not available due to the seller's preference for a swift sale process. The seller is amenable and prepared to provide training and assistance for a seamless transition. Priced competitively for a quick sale, as the owner is relocating with their family. Prospective buyers must demonstrate proof of $200,000 in liquid funds to engage with the seller.
About the Business
Years in Operation
5
Employees
3
Currently Home Based
Yes
About the Sale
Seller Motivation
Seller is moving
Transition Support
Seller will train
Financing Options
$100k for 60 months @ 5%
Listing Info
ID
2394228
Listing Views
453

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Business Listed by: Vested Business Brokers, Ltd Vested Business Brokers, Ltd

Listing ID: 2394228 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.