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Financing: $225,000.00 Down and The owner is open to creative financing and/or an earnout with some up-front money. Reason for Selling:Divesting. 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!
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. |
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |