Weddings and Proms define this limousine service business located in Union County, New Jersey. This is a Foundation Piece business, hugely profitable as it is, but much more can be achieved by participating in numerous Bridal Trade shows (there are 42 in the area), marketing Celebrity Pick-up Service, Airport Limousine service, or catering to the gambling and entertainment junkies to Atlantic City, Parx Casino, Foxwoods or Mohegan Sun. Service is provided by Eleven limousines in mint condition that handle from 2 to 42 passengers, are driven by long-standing, experienced staff, and are worth nearly $1.0 million on the open market. The business is 44 years old and counting. The owner is seeking to make life easier and will stay to train and book rides as long as desired.
- Asking Price:
- $1,800,000
- Sales Revenue:
- $700,000
- Cash Flow:
- $300,000
Business Operation
- Reasons for selling:
-
Retirement
- Employees:
- 5 FT
- Years established:
- 44
Other Information
- Support & training:
-
Seller will train
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
1,500,000.00 Down & balance of $300k for 36 months @ 6%
- Furniture / Fixtures value:
- $900,000
