Limosine Service

Transportation - Limo Business

Contact Information

William Lange
CBB, CBI, M&AMI
VR/Vanguard Resource Group


Status	Active
Listing ID	25071760
Listed Price	$495,000
Down Payment	$495,000
SDE	$242,000
Total Sales	$968,000
Training Offered	4 weeks
Non-Compete Years	for 10 years
Asset Info
Furn., Fixtures & Equip.†	$347,000
† Included in price ‡ Not included in price

Reason For Sale

Pursue Other Business Interests

Operations

Year Established	2005
Form of Ownership	Corporation
Absentee Owner	N
Franchise	N
Days & Hours	24/7 Operation
Years Owned	7
Business Age	7

Location

San Diego

Type of Location
Lease Expires	1/1/2014
Security on Lease
Location Comments	Occupies a 30,000 square foot lot with on-site parking and offices. Lease is $4,500 monthly (owner subleases $1,500) and runs until 2014.

Executive Summary

Business Description

Profitable, well-established limousine service. Founded by its current owner in 2005 to provide excellent customer service for individuals seeking a unique and luxurious transportation experience, the Company started with just a single Lincoln Town Car and grew rapidly to become one of the most dominate luxury transportation companies in San Diego. Presently the company has a well-maintained fleet of 16 cars, limos and buses and is affiliated with several of the top limousine companies in the United States. The founder and owner is offering the business to pursue another business interest related to the industry but not competitive with the Company.

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