November 24, 2009
 
 
Limousine Service  •  $99,000

Location: Los Angeles
Seller: Jacob Berenfeld
Phone: 888-521-4440
 
 
About This Business
BizBen Ad #: 143783
Status: Available
Start Date: 10/25/09
Last Revised: 12/31/69
Location: Los Angeles
County: Los Angeles
City: Not Provided
Contact Information
Seller or Contact: Jacob Berenfeld
Primary Phone: 888-521-4440
Alternate Phone: Not Provided
Email: info@gbgusa.com
 
 
Financial Information
Asking Price: $99,000
Down Payment: $99,000
Annual Cash Flow: $60,000
Annual Revenue: $180,000
Detailed Information
Franchise: No
Relocatable: No
Home Based: No
Real Estate Included: No
Broker To Broker Cooperation: No
 
 
Business Summary
This Profitable, Established For Seven Years, Limo Service Is Located 15 Min From Lax. Two Vehicles Are Included In Sale: One 6-Passenger Suv, And One 4-Passenger Towncar. Two 8-Passenger Stretch Limousines Can Be Added For Extra 40,000. All Vehicles Are In Good Condition. Company Currently Operates Only Two Vehicles. Two Stretch Limos Are Fully Operational, But Kept By One Of The Former Partners As Collateral. With Two Remaining Vehicles Company Makes Sales Of 15,000 Per Month. About 90-95% Are Credit Card Charges, So It's Very Easy To Prove The Income. You Will Be Getting All Four Vehicles And Office Equipment And Active Database With Over 2500 Repeat Clients. When Company Operated All Four Vehicles, Their Sales Was Around 30,000 Per Month.

Company Office Is Very Clean, Spacious And Is In The Safe Neighborhood. Cars Are Parked On The Building Parking Without Gates And Never Had Any Problems. Lease Is Currently Month-By-Month, But Landlord Is Ready To Sign A Lease.

Seller Offers Two Weeks Of Training At No Additional Charge. He Will Also Assist The Buyer Throughout Transitional Period And Licensing Process.