This is a very well respected Limousine Transportation Company that has an excellent customer base built over the past 20 years. They have an impeccable fleet of 30+ vehicles with a fair market value of $2.2M, with a $1M in equity. They preform thousands of runs every year and they have a diversified customer list of the Who’s Who in the corporate world WITHOUT any customer concentration. In addition to their corporate sales, they provide multiple services in the wedding industry, prom, nights on the town, airport runs in addition to their state of the art buses which can be used for bachelor and bachelorette parties, Bar-Bat Mitzvahs, Sweet 16’s and corporate outings. They have an excellent well trained staff and depending on the buyer’s objectives this company can be propelled to the next level. For a qualified buyer this business has been approved for a SBA loan with only a 25% down payment from the buyer. The current owner has scaled back his involvement and a new owner that wants to build upon the excellent reputation will be able to grow the various services the business offers. If you are looking for a clean, well run service business with EXCELLENT books and records, which is HIGHLY profitable, with an excellent staff and reputation then your search could be over. Added Bonus-The Business has been Pre-Approved for a SBA loan with ONLY 25% down payment required from the buyer. If you also love cars, Look No Further. Please refer to listing number 12670 when inquiring about this opportunity.

Posted Feb 2, 2016

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