Profile: Upscale, Full Service Limousine Company Serving Major Bay Area City.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$899,000 |
| Down Payment: |
Call |
| Annual Revenue: |
$2,185,525 |
| Annual Adjusted Net: |
$572,565 |
| Price Range: |
$500,001 to $1 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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Well Established, Full Service Limousine Service Serving A Major San Francisco Bay Area City And Specializing In Corporate Clients. The Company Is The Preeminent Provider Of Limousine Services In The Market Which It Serves, Has Developed A Fine Reputation, And Enjoys A Loyal Clientele.
Seasoned Middle Management In Place Includes Fleet Manager And Director Of Operations. The 24 Courteous And Experienced Drivers Provide Excellent Service To The Company's Customers.
State-Of-The-Art Computer Software, Designed Specifically For The Limousine Industry, Helps To Maximize The Efficiency And Profitability Of Operations.
Currently Company Does No Yellow Pages Advertising, But Relies Instead On Word-Of-Mouth, Affiliations With Event Planners And Hotels And A Professionally-Designed Internet Website.
Strong, Steadily Increasing Earnings And Plenty Of Room To Grow. Company Has Performed Well During The Current Economic Downturn.
Asking Price Does Not Include Any Fixed Assets. However, Lease Payments Have Been Deducted From Income To Arrive At Adjusted Net Of 572K+, So New Owner Should Be Able To Lease Vehicles At A Similar Cost.
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