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Limousine Services In Inland Empire

Details
Posted By:
R M Buehler
Posting ID:
3724p0823
Location:
Southern California
Telephone:
Tags:
 transportation   limousine   operator 
Item Category:Business

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Limousine Services in Inland Empire

ID Number: 08067
Primary Category: Transportation
Asking Price: $600K
Annual Revenue: $650,633
Annual Adjusted Net: $226,689
FF&E: $529,500 (included in asking price)
Financing: Yes

Summary Description

Growing limo business not slowing down in this economy. Great cash flowing business that grew by over 50% in 2008 alone. Favorable multiple. Seller financing available.

This highly-successful Limousine Operator sets the service and satisfaction standard in the Inland Empire for individual, group, and corporate clients.

Their on-time performance and corporate-level customer service has resulted in record cash flow. They serve all of Southern California, including airports, with 12 late-model, well-maintained limos, sedans and SUVs.

The business generates high levels of phone and internet customers from a well-executed advertising program. Their advanced tracking and confirmation system immediately updates customers. Remote system interface is in place for the owner.

This is a professional turn-key operation ready for a new owner to continue its success!

Note that this business has a cash income component that is included in the above numbers. The owner says he has records to substantiate all figures.

General Information
Year Establish 1998
Facilities: 450 sq. ft. office plus secured vehicle parking

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