NORCAL & Napa Valley Luxury Limousine Company and Fleet

Sacramento County, CA

Seller Financing Available

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Asking Price:$1,750,000
Gross Revenue:$1,320,750
Rent:$9,525/Month
Established Year:1985
Cash Flow:$441,671
Inventory:$50,000
FF&E:$921,000
BUSINESS DESCRIPTION

Original Owner Retiring after 35+ Years - Excellent Regional Brand Recognition

Luxury Limousine Service company primarily serving Sacramento, San Francisco, Napa & Sonoma Valley, and surrounding areas for over 35 years! The business owns and will include with purchase, a fleet of 17 beautiful and exceptionally well maintained vehicles, including, Stretch Limos, SUVs, Stretch SUVs, Party Buses, and Shuttle Buses..

Services are offered globally through their affiliate network and caters to high profile entertainers, athletes, dignitaries, and corporate executives, while also serving social events, weddings, proms, graduations, concerts, wine tours and corporate events. Company has a wide variety of long standing relationships and contracts with institutions such as; casinos, hospitals, universities, hotels, stadiums and other large institutions.

Seller would like to retire and is motivated to sell. Seller wants business to continue to grow and be successful. Seller is willing to stay on for a period of time to train, and transfer client relationships. THIS IS A SMALL FAMILY RAN BUSINESS AND WILL REQUIRE BUYER TO BUILD A NEW OPERATIONS AND MANAGEMENT TEAM. SELLER FINANCING WILL BE CONSIDERED TO ONLY AN EXISTING TRANSPORTATION OPERATOR OR A BUYER WITH EXTENSIVE TRANSPORTATION EXPERIENCE. THIS BUSINESS WILL NOT QUALIFY FOR SBA LENDING.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Lease Expiration
31/07/2024
Employees
22
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
FF&E Overview: In addition to the fleet of seventeen vehicles, leased warehouse facility includes management offices, Chauffeurs lounge outfitted with TVs, computer workstations, a pool table, and kitchenet
Competition
This limousine service company takes pride in their longevity in the industry, the immaculate condition of their fleet, and the outstanding service provided by their staff and chauffeurs. Many of the local competitors are "backyard" operators who come and go by night. This company is the opposite with an long standing reputation for providing great service, well maintained, clean, and safe vehicles.
Growth & Expansion
This business has a huge opportunity by leveraging the long standing brand in the NORCAL community. Current ownership has invested very little into marketing and advertising in recent years. A new owner committed to a simple marketing strategy could continue to grow this already very profitable business
Support & Training
Number of Weeks Seller Will Offer Training: 8
Reason for Selling
Retirement
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Matt
Mertens
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Matt Mertens