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This Business has been Sold!
Closing Date: 03/10/2023
Business for Sale Summary

Passenger Transportation Business For Sale in NJ - 35142

Business Type: other business services,owner financing available,passenger transportation / limo/ bus companies
Sold
Passenger Transportation Business For Sale in NJ
On March 10th 2023, The Undersigned
Acted as the Advisor to the Deal
Brian  Bernstein
Brian Bernstein Senior Broker
Servicing: All of NY
All of NJ
All of PA
All of CT
All of MA
All of NC
All of TX
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.

Financial Information (non-confidential)

General Information
Asking Price $100,000 Down Payment $75,000
Gross Revenues $275,000 Lease Remaining Register Free to View
Owner’s Cash Flow $190,000 Number of FT Employees Register Free to View

Financing

$75,000 Down and TBD

Business Description

Busy Limo Company with a major 10 year contract in place that grosses $4000 per week. 3 plates are in use, with permits in place for 6 plates. It's easy to double the business. The owner is currently driving full time, 50 hours per week. There are no limits on the amount of business available in the area. 2 cars are included, which are 2 Lincoln Continentals. Drivers are paid on a 1099 basis. Owner is willing to finance with $75k down. Bring All Serious Offers. For More information on this listing, contact Brian Bernstein at (929) 969-0007.

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.

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.