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Limousine Company In New Jersey For Sale

New Jersey, US
Asking Price:
$325,000
Sales Revenue:
$510,000
Cash Flow:
$151,000

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.

Business Operation

Reasons for selling:

Seller is moving

Employees:
3 FT
Years established:
5

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

200,000.00 Down & balance of $125k for 60 months @ 5%

Furniture / Fixtures value:
$60,000
Home based:
This business can be run from home.