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Profitable Town Car - Limousine Service for sale in Rockland County, New York
Profitable Town Car - Limousine Service
Rockland County |
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This town car limousine service has been operating since August 2001. It has grown each year it has been in business. They drive people to and from the local airports. It is operated out of the owner?s house, so overhead is low. The owner does some of the driving and subs out the rest. For the work he subs out, he has 2 regular drivers and 6 that are available when needed. In 2003, the owner did about 65% of the driving. He had gross sales of $180,000 and earned over $80,000 profit. In 2004, he decided to do less driving and sub out a bigger portion of the work. He will gross over $200,000 and will earn around $75,000. If you want to do more of the driving, you will earn over $100,000. The decision is yours. He services Rockland and Westchester Counties. He has over 450 active customers. A 1998 Lincoln Town Car comes with the business. |
Listing Number: 107
Morris Cohen - Listing Broker
122 Ogden Avenue, Dobbs Ferry, NY 10522
Telephone - (914) 674-9580
E-mail -
mcohen@capitalbbw.com
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| Category |
SERVICE BUSINESSES |
| Sub-Category |
Passenger Transportation |
| Asking Price |
$115,000 |
| Gross Sales |
$200,000 |
| Cash Flow |
$80,000 |
| FFE |
$15,000 |
| Inventory |
$0 (Inventory IS Included) |
| Real Estate |
$0 (Real Estate NOT Included) |
| Employees |
2 - Full-Time
6 - Part-Time |
| Facilities |
He works out of his home. The drivers that he uses are subcontractors, so he has no true employees. They all use their own cars and he inspects them to make sure the cars are kept up to his standards. A very nice clean operation. |
| Relocatable? |
(Is Not Relocatable) |
| Home Based? |
(Is Not Home Based) |
| Market Notes |
He has found a niche in this industry. He supplies courteous drivers that are always on time and drive nice, clean comfortable cars. |
| Growth Notes |
Potential is there. He gets more and more business from referrals. He does no marketing. |
| Support Training |
He will provide adequate training. |
| Year Established |
2001 |
| Financing Terms |
Owner is willing to finance a small portion of the sale. |
| Reason for Selling |
Owner is relocating. |
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