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Luxury Transportation Service Business For Sale

Middlesex County, Massachusetts, US
Asking Price:
$649,000
Sales Revenue:
$1,447,000
Cash Flow:
$298,000

The business provides premium transportation services to high end travelers and businesses in the Greater Boston area. This is an excellent opportunity to take advantage of the early-stage rebound growth of the limousine and town car service industry as evidenced by January-April revenue up 200% year-over-year! The owner has operational responsibilities and is not a driver; he is available for a training period but is selling for personal reasons. The business has an attractive lease in place but is movable should a buyer prefer.

Over its 30+ year history, this business has earned a sterling reputation – garnering loyal customers, a strong affiliate network, and positive online presence. The excellent reputation of this scalable company presents a solid foundation for continued growth through several different means, including further website expansion, growing the affiliate network and/or adding drivers.

Customers may rent limo, car, and/or bus services. Initially, the business focused on transportation to and from airports, but has branched out and now regularly provides transportation for weddings, business events, personal travel, sporting events, concerts, and more.

Business Operation

Expansion Potential:

The business engages in limited marketing. The company’s website is the primary source of new business, though the company does also have actively managed social media sites. In the last two years, the company has not spent any money on advertising campaigns. This creates a potential opportunity for the new owner, who could pursue any number of advertising campaigns, including promoting social media content on the existing pages, creating a digital marketing campaign, or putting more resources towards building out the website.

Other Information

Support & training:

The seller will provide training and support to ensure a smooth transition

Related Documents:

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