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Limo Service-Livery

SF Bay Area, California
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 primary market which it serves, and enjoys a loyal clientele. The fleet, comprised of 24 well-maintained, late model vehicles, is leased and buyer will assume vehicle leases (4 drivers provide their own vehicles). Seasoned middle management employees in place. The 28 courteous and experienced drivers provide excellent service to the company`s customers. Company employs a state-of-the-art computer system, specially designed for the limousine industry, to coordinate operations and to maximize efficiency and profitability. Currently company does no yellow pages advertising, but relies instead on word-of-mouth, affiliations with event planners and a website on the internet. This business leases all vehicles, none are owned and buyer will assume all vehicle leases.Strong, steadily increasing earnings and plenty of room to grow.Confidentiality is `extremely` important as XYZ is a large, high-profile company and there are few this large in the Bay Area. Detailed information regarding the business will be provided `only` to those prospective buyers who have submitted an M & A non-disclose agreement, a resume, and financial statement and `only` after owner has approved the prospective buyer to receive to such information. Neither the city in which the company is located, nor any other detailed information which might allow the company to be identified, is to be disseminated to prospective buyers prior to owner`s approval to release those materials. The `only` information to be provided prior to owner approval of buyer is the blind profile.

Financials

Price: $1,299,000
Gross Income: $1,861,952
Cash Flow: $385,026
FFE: $0
Inventory: $0
Real Estate Value: $0

About the Business

Office Reference ID: #PH3315
Year Established: 2002
Financing:
Training: 4 Weeks @ 30 hrs. week
Facilities:
Competition:
Growth:
Business Listed By
Name: Elaine Nolan
Company: Business Team
Phone: 408-385-0412

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