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Profitable Limousine Company In New Jersey For Sale

New Jersey, US
Asking Price:
$1,800,000
Sales Revenue:
$700,000
Cash Flow:
$300,000

LISTING ID # 36172

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, so 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 junkets 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, driven by long-standing, experienced staff and worth nearly $1.0 million on the open market. The business is 44-years old and counting. Owner is seeking to take life easier and will stay to train and book rides as long as desired. For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers.

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:

Call: Thierry Nemorin
917-416-4350

Furniture / Fixtures value:
$900,000