Hot Listing

NORCAL & Napa Valley Luxury Limousine Company and Fleet

Asking Price$1,750,000

Cash Flow
$441,671
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,320,750

Inventory$50,000
Included in asking price
FF&E$921,000
Included in asking price
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Hot Listing

NORCAL & Napa Valley Luxury Limousine Company and Fleet


Asking Price$1,750,000

Cash Flow
$441,671
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,320,750

Inventory$50,000
Included in asking price
FF&E$921,000
Included in asking price

Seller Financing Available
Business Description
Original Owner Retiring after 35+ Years - Excellent Regional Brand Recognition
Luxury Limousine Service company primarily serving Sacramento, San Francisco, Napa & Sonoma Valley, and surrounding areas for over 35 years! The business owns and will include with purchase, a fleet of 17 beautiful and exceptionally well maintained vehicles, including, Stretch Limos, SUVs, Stretch SUVs, Party Buses, and Shuttle Buses..

Services are offered globally through their affiliate network and caters to high profile entertainers, athletes, dignitaries, and corporate executives, while also serving social events, weddings, proms, graduations, concerts, wine tours and corporate events. Company has a wide variety of long standing relationships and contracts with institutions such as; casinos, hospitals, universities, hotels, stadiums and other large institutions.

Seller would like to retire and is motivated to sell. Seller wants business to continue to grow and be successful. Seller is willing to stay on for a period of time to train, and transfer client relationships. THIS IS A SMALL FAMILY RAN BUSINESS AND WILL REQUIRE BUYER TO BUILD A NEW OPERATIONS AND MANAGEMENT TEAM. SELLER FINANCING WILL BE CONSIDERED TO ONLY AN EXISTING TRANSPORTATION OPERATOR OR A BUYER WITH EXTENSIVE TRANSPORTATION EXPERIENCE. THIS BUSINESS WILL NOT QUALIFY FOR SBA LENDING.
About the Business
Years in Operation
40
Employees
22
Currently Relocatable
Yes
Facilities & Assets
FF&E Overview: In addition to the fleet of seventeen vehicles, leased warehouse facility includes management offices, Chauffeurs lounge outfitted with TVs, computer workstations, a pool table, and kitchenet
Market Outlook / Competition
This limousine service company takes pride in their longevity in the industry, the immaculate condition of their fleet, and the outstanding service provided by their staff and chauffeurs. Many of the local competitors are "backyard" operators who come and go by night. This company is the opposite with an long standing reputation for providing great service, well maintained, clean, and safe vehicles.
Opportunities for Growth
This business has a huge opportunity by leveraging the long standing brand in the NORCAL community. Current ownership has invested very little into marketing and advertising in recent years. A new owner committed to a simple marketing strategy could continue to grow this already very profitable business
Real Estate
Owned or Leased
Leased
Rent
$9,525.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Number of Weeks Seller Will Offer Training: 8
Listing Info
ID
2202868
Listing Views
3275

Contact Seller

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Business Listed by: Matt Mertens Transworld Business Brokers

Listing ID: 2202868 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.


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