Established Luxury Transportation Business In TC
Not Disclosed, MN Not Disclosed
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- RE: Established Luxury Transportation Business In TC
- Contact: Chris Lappen/Duane
Quick Facts
| Asking Price: | $650,000 | |
| Annual Revenue: | $650,000 | |
| Net Profit: | $250,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $25,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1989 | |
| Employees: | 12 | |
| BBN Listing #: | 981999 | |
| Broker Reference #: | 11770 DJ CL |
Business Overview:
Established Luxury Transportation Business strategically located in the Twin Cities. This company has been in business under current ownership for over 35 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 $700K with an adjusted profit of over $200K. Priced to sell at $650,000 which includes $350K of luxury vehicles that are meticulously maintained. For more information please contact Christopher Lappen clappen@calhouncompanies.com Duane Johnson duane@calhouncompanies.com or Jean-Marc Johnson jmjohnson@calhouncompanies.com at 952-831-3300
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Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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