Established Luxury Transportation Business strategically located in the Twin Cities. This company has been in business under current ownership for over 37 years and operates a division of the business under one of the oldest luxury limousine companies in the state of Minnesota. They have a very loyal and diverse customer base with which they provide an array of transportation services. From private airport transportation services to large corporate shuttles this company has a fleet of vehicles and dedicated personnel of experienced drivers to handle any transportation need. The majority of the owner’s role can be handled remotely online and over the phone. This opportunity is only available due to the owner's retirement. Annual revenues exceed $500K. Priced to sell at $350,000 which includes $300K of luxury vehicles that are meticulously maintained with a SDE of $80,000.
- Asking Price:
- $350,000 Furniture / Fixtures included
- Sales Revenue:
- $500,000
- Cash Flow:
- $80,000
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$5,400 per annum
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
Retirement
- Trading hours:
-
24 Hours
- Employees:
- 12
- Years established:
- 37
Other Information
- Support & training:
-
Negotiable
- Furniture / Fixtures value:
- $300,000 - included in the asking price
