Limousine Company for Sale in New Jersey

Union County, NJ
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Asking Price:$1,600,000
Gross Revenue:$700,000
Established Year:1980
Cash Flow:$300,000
FF&E:$900,000
BUSINESS DESCRIPTION

LISTING ID # 36172

Weddings and Proms define this limousine service business located in Union County, New Jersey. This is a Foundation Piece business, hugely profitable as it is, so much more can be achieved by participating in numerous Bridal Trade shows (there are 42 in the area), marketing Celebrity Pick-up Service, Airport Limousine service, or catering to the gambling and entertainment junkets to Atlantic City, Parx Casino, Foxwoods or Mohegan Sun. Service is provided by Eleven limousines in mint condition that handle from 2 to 42 passengers, driven by long-standing, experienced staff and worth nearly $1.0 million on the open market. The business is 44-years old and counting. Owner is seeking to take life easier and will stay to train and book rides as long as desired. For more information, contact the broker.


DETAILED INFORMATION
Location
Union County, NJ
Inventory
Not Included in asking price
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Seller will train
Reason for Selling
Retirement
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Vested
Business Brokers, Ltd
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Vested Business Brokers, Ltd