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Business for Sale Summary

Profitable Limousine Business for Sale in NC - 33550

Business Type: professional services,owner financing available,passenger transportation / limo/ bus companies
Owner Financing
Profitable Limousine Business for Sale in NC
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Financial Information (non-confidential)

General Information
Asking Price $950,000 Down Payment $750,000
Gross Revenues $480,000 Lease Remaining Register Free to View
Owner’s Cash Flow $137,712 Number of FT Employees Register Free to View

Financing

$750,000 Down and Balance financed at 8% over 24 months for a qualified buyer.

Business Description

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. Contact the broker, Marie Goldstein at 877-735-5244 for more information!

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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.