Established, Upscale Limousine Service

McHenry County, IL
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Asking Price:$735,000
Gross Revenue:$446,669
Rent:$3,000/Month
Established Year:1981
Cash Flow:$78,962
Inventory:$263,000
FF&E:$14,000
BUSINESS DESCRIPTION

This listing is for a well-established, upscale limousine service in the affluent northwest suburbs of Chicago that’s available to a qualified buyer. This locally owned & operated livery service offers luxury transportation for all occasions in northern Illinois and southern Wisconsin. This business offers a buyer a strong yearly cash flow and the business has shown consistent growth in their revenues and owner benefit over the last three years. The company offers service for all occasions with 24/7 availability. Whether their clients are looking for luxury transportation to the airport, proms, corporate events, bachelor and bachelorette parties, weddings and more, their fleet of vehicles is capable of providing them with a memorable experience. They offer door-to-door service on the schedule of their customers’ choosing. This business has a stellar reputation in their marketplace and they rank among the top livery services in the Chicagoland area. They have a loyal and large customer base with terrific online reviews. In addition to the consistently strong and growing revenues, over $260,000 in vehicles and more is to be transferred with the business sale. If you would like more information about this opportunity, or if you would like to schedule a site visit, please contact the agent either online or by phone. Online inquiries will be responded to with an email from a marvingroupllc.com address with a required NDA attached. These can sometimes get filtered into junk/spam folders. If you do not hear back from the agent withing 24 hours, please contact them by phone.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
6,000
Lease Expiration
31/12/2027
Employees
18
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
400 sq ft office space. 5,600 sq ft garage and additional space. Owned by the seller and available for lease to a new buyer for $3,000/month (exp. 12/2027)
Growth & Expansion
Advertise, Increase Marketing Territory, Add New Services
Support & Training
Owner will train the buyer for 4 weeks
Reason for Selling
Other business interests
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Tommy Farmer