Profitable Limousine Business for Sale in NC

Asking Price$950,000

Cash Flow
$137,712
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$480,000

InventoryNot Disclosed

FF&E$305,000
Included in asking price
Real EstateNot Disclosed

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Profitable Limousine Business for Sale in NC


Asking Price$950,000

Cash Flow
$137,712
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$480,000

InventoryNot Disclosed

FF&E$305,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
LISTING ID # 33550

Luxury and affordable limousine business for sale in a great area of Central North Carolina. Creating memorable limousine experiences and professional chauffeurs, this is the top of the line in professional transportation. In business for over 10 years, this business is the go to for weddings, proms, tourist and winery trips. Includes over $305,000 in vehicles including Limos, Sedans and a Party Bus. Recently added vehicles: 2010 Party Bus valued at $45K, 2007 Lincoln Town Car Limo $9,500, H2 Limo 2005 $35K, 2017 Lincoln Navigator $36K. Looking to add a stretched Rolls Royce Limo soon. Revenues are way up and the maintenance costs will go down with the newer equipment. Seller runs from his home and keeps all vehicles in a rented parking lot on a month to month basis.
About the Business
Years in Operation
10
Currently Relocatable
Yes
Currently Home Based
Yes
About the Sale
Seller Motivation
Looking for the right buyer
Transition Support
Seller will train
Financing Options
Balance financed at 8% over 24 months for a qualified buyer
Listing Info
ID
2400938
Listing Views
136

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Business Listed by: Vested Business Brokers, Ltd Vested Business Brokers, Ltd

Listing ID: 2400938 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.