NOT DISCLOSED, New Jersey
| Asking Price |
$1,600,000 |
Year Established |
1988 |
|
| Annual Revenue |
$750,000 |
Reason for Selling |
Retirement |
|
| Annual P/L |
|
Attention |
Elliot Dweck |
|
| Annual Cash Flow |
$250,000 |
Listing Number |
663979 |
|
| # of Employees |
2 |
Business Category |
Services: Taxi, Limo, & Passenger Transportation |
|
Business Overview:
36 y/o Party Bus & Limo Biz! 850k in Vehicles w/ no Debt!
36 Year Old Party Bus and Limo company based in Monmouth County with 11 vehicles, including 7 luxury party busses. There are currently 16 drivers on staff. Annually, they do over 800 trips per year, averaging $900 per trip. They only cater to local special occasion events, which are more profitable and helps keep low mileage on the vehicles. Since they don’t do last minute airport runs and special occasions are booked far in advance, scheduling the drivers is simple. The other component that makes this business easy to manage is that most trips are booked online via the LimoWiz software, which provides complete dispatch, billing, A/R, maps, credit card processing. The business has a strong reputation as it has serviced over 19,000 weddings! Price includes 11 vehicles, with a market value of 850k with no debt on them. 10 of the vehicles have less than 60k miles on them!
Property Features and Assets:
<p>Monthly Rent: $1,450.00</p>
<p>Square Units (Foot, Meter): 400</p>
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity