Car/ Limo/ Bus Transportation Business With Great Market For Sale!

  • $1,490,000
New York, New York
  • 211000
  • Cash Flow
  • 1948321
  • Gross Revenue
  • EBITDA
  • 933091
  • FF&E
For Sale

Car/ Limo/ Bus Transportation Business With Great Market For Sale!

New York, New York
  • $1,490,000

Overview

Listing ID: 20758
  • 211000
  • Cash Flow
  • 1948321
  • Gross Revenue
  • EBITDA
  • 933091
  • FF&E

Description

From Cattaraugus County in New York, long-time transportation provider offers quality bus, car and limousine services to its surrounding geographic area; such as those needed for private events, corporate charters, sports teams, healthcare transports and individual transit. Headquarters is in a prime 13,273 sq. ft. square foot centralized location sitting on 0.4 acres of space. The warehouse has indoor parking for all of the vehicles and takes up most of the lot; the leased property is in excellent condition and features storage, Z-3 zoning, office space. Besides maintaining a website and an online presence for self-promotion, marketing efforts focus on utilizing radio and print media ads. Additionally, their quality service drives word-of-mouth referrals. Since their inception in 1988, their car service and medical transport business has kept vital client relationships while bringing in new customers. The business has room to grow geographically. The owner, who is working on changes to increase monthly profit by $15,000, is willing to stay on after the sale. The Company is ready for a strategic buyer to continue owner-absentee operations. The skilled personnel have field experience and welcome the opportunity to take on extra work and longer trips to help grow the business. With plans to return to full capacity in late summer of 2020, projections are set to match or outpace 2019’s Total Revenue of $1,948,321 with Seller Discretionary Earning values of $211,000.

  • Address New York, NY, USA
  • City New York
  • State/county New York
  • Country United States

Details

Updated on March 31, 2021 at 9:58 am
  • Listing ID: 20758
  • Price: $1,490,000
  • Business Type: Car Rental
  • Listing Status: For Sale
  • Cash Flow: 211000
  • Gross Revenue: 1948321
  • FF&E: 933091
  • Year Established: 1988
  • Number of Employees: 32
  • Business Is: Absentee Owner
  • Support & Training: Regular Owner Transition Period available under Consultative and Assistive Managerial Roles as needed.
  • Reason for Selling: Seller is approaching retirement and/or pursuing other interests.

Additional details

  • Premises Details: Property would hold a monthly tenancy of $1,500 if not purchased.
  • Location: Real Estate valued at approximately $300,000 comes included within the Asking Price!
  • Back to Car Hire Businesses For Sale in the USListing ID: 3032971 Seller ref: 17629 17629 - Car/limo/bus Transportation Business With Great Market! For Sale New York, US Asking Price: $1,490,000 Furniture / Fixtures included Sales Revenue: $1,948,321 Cash Flow: $211,000 From Cattaraugus County in New York, long-time transportation provider offers quality bus, car and limousine services to its surrounding geographic area; such as those needed for private events, corporate charters, sports teams, healthcare transports and individual transit. Headquarters is in a prime 13,273 sq. ft. square foot centralized location sitting on 0.4 acres of space. The warehouse has indoor parking for all of the vehicles and takes up most of the lot; the leased property is in excellent condition and features storage, Z-3 zoning, office space. Besides maintaining a website and an online presence for self-promotion, marketing efforts focus on utilizing radio and print media ads. Additionally, their quality service drives word of mouth referrals. Since their inception in 1988, their car service and medical transport business has kept vital client relationships while bringing in new customers. The business has room to grow geographically. The owner, who is working on changes to increase monthly profit by $15,000, is willing to stay on after the sale. The Company is ready for a strategic buyer to continue owner-absentee operations. The skilled personnel have field experience and welcome the opportunity to take on extra work and longer trips to help grow the business. With plans to return to full capacity in late summer of 2020, projections are set to match or outpace 2019’s Total Revenue of $1,948,321 with Seller Discretionary Earning values of $211,000. Property Information Real Estate: Real Property Included Location: Real Estate valued at approximately $300,000 comes included within the Asking Price! Premises Details: Property would hold a monthly tenancy of $1,500 if not purchased. Size in square fee: 13,273+/-
  • Trading hours: Monday to Friday from 9AM - 5PM.
  • Owner financing: Owner financing is available. Please contact the seller for more information.
  • Financing available: Financing is negotiable for the right buyer.

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