Black Car & Limousine Service for sale in NY - 33927

Financing

$225,000 Down and The owner is open to creative financing and/or an earnout with some up-front money.

Business Description

Long Established Black Car & Limousine Service. Steady growth in 2022! This business has been established for over 35 years with a vast clientele throughout the NY Metro area. Excellent reviews! Of course, the pandemic has severely impacted travel and gross revenues. Regardless, the business has shown a strong month-over-month rebound in late 2021 and 2022. 2021 gross sales were approximately $340,000.00, with an owner's cash flow of approximately $77,000.00. $77,635.00. This Black Car & Limo Service's 2022 gross sales have surpassed $333K as of Sept. 2022, with projected year-end sales of approx. $400K and an owner's cash flow of approx. $120K. The owner understands the current status of the business and is open to creative financing and/or an earn out with some up-front money. The sale price would include all tangible and intangible assets, including goodwill, 8 vehicles (only 4 are currently on the road), all software, systems, websites, etc. One of the vehicles is a DOT-certified stretch limousine with two certified drivers. We are seeking a serious and financially qualified buyer with some experience and vision to see the upside as the market recovery begins. To learn more, please call, text, or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com. All meetings must be scheduled by appointment only!

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.