Businesses for Sale

Limosine Service

 

Transportation - Limo Business

Contact Information

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

phone: (858) 391-3388
CONTACT US TODAY


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 CommentsOccupies 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.