Must See Limo Company; Priced for Quick Sale
HUDSON COUNTY, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $275,000 |
$900,000 |
$125,003 |
Furniture and Fixtures Value:
$2,500 (included in the asking price)
Inventory Value:
$110,000 (included in the asking price)
Business Summary:
Well established Limo Company with a high level of service in Northern NJ. The business is primarily personal trips with corporate accounts around 25% of the business. Trips include local runs in New Jersey and airport runs and trips to New York. Great opportunity for an existing company to expand. Price includes the entire 13 vehicle fleet valued at $110,000, consisting of 3 stretch limos, 7 Lincoln Town Cars, and 3 SUVS making this a must see opportunity. Low annual rent agreement ($16,800) if buyer chooses to keep current headquarters. Office staff consists of 2 FT dispatchers and the full time owner operator who is anxious to move to Florida to unite with his family. Cash flow for an existing business would be $65,000 higher, totaling $190,000. The business is offered at $275,000 with a down payment of $140,000 and the seller will finance the $135,000 balance for qualified buyers. Seller is highly motivated and will consider all reasonable offers. Revenue supported by trip logs. For more details call Paul Holveck at Executive Business Brokers, 908-851-9040 x277.
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| Year
Business was Established: 2008 |
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| Number of Employees:
15pt |
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| Owner
willing to finance:
Seller financing for qualified buyers to be paid over 3 years. |
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| Reason for selling:
Owner moving to Florida to reunited with family. |
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| REQUEST MORE INFO |
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