Limousine Company for Sale in New Jersey

Asking Price$2,200,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$750,000

InventoryNot Disclosed

FF&E$700,000
Included in asking price
Real EstateNot Disclosed

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Limousine Company for Sale in New Jersey


Asking Price$2,200,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$750,000

InventoryNot Disclosed

FF&E$700,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
Limousine Company for Sale in New Jersey
LISTING ID # 36172

Weddings and Proms define this luxury limousine service business located in Union County, New Jersey. This is a Foundation Piece business, hugely profitable as it is, so much more can be achieved by participating in numerous Bridal Trade shows (there are 42 in the area), marketing a celebrity pick-up service, or airport limousine service, catering to those enjoying a night out in Manhattan for dinner and show, or those who prefer the gambling junkets and entertainment needs provided at Atlantic City, Parx Casino, Foxwoods or Mohegan Sun. The business is 46-years old and is growing despite its maturity. Advertising in Google, Words, and SEL together with the hiring of a marketing specialist has produced immediate results. Service is provided by ten limousines in mint condition that handle from 2 to 42 passenger in party buses, and driven by long-standing, experienced staff and worth nearly $1.0 million on the open market. The Owner is seeking to take life easier and will stay to train and book rides as long as desired.
About the Business
Years in Operation
46
Employees
5 (3 Full-time, 2 Part-time)
About the Sale
Seller Motivation
Retirement
Transition Support
Seller will train
Financing Options
1,100,000.00 Down & balance due with terms tbd
Listing Info
ID
2457457
Listing Views
13

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

Listing ID: 2457457 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.