MergerPlace

Premier Limo Business in S. Florida

Florida (Palm Beach)


  • Asking Price: $5,750,000
  • Gross Income: $3,609,071
  • Cash Flow: $1,204,896
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $1,400,000
  • Listing ID: #210447
  • Established: 1978
  • Employees: 7

Business Description

S FLA's premier Limousine Transport Business specializing in Palm Beach Island since 1978. One owner since inception. 19 permits for PB Island. Fleet of 55+ vehicles incl. MBenz, Cadillac, Vans, Stretch (most new model yr) worth $1.4mil delivered free can clear at closing. 60-70% of business is from Palm Beach Island clients. Also services Broward and Dade. All a-ports and c-port licenses included. RE@ $725k included. First class operation, clean books, Seller will stay on as needed. Please refer to listing number 7301-183732 and advisor David Ballou when inquiring.


Business Details

Primary Business Category: Transportation and Warehousing
Location: Florida
County: Palm Beach

Company Information

Year Established: 1978
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 7

Financial Information

Asking Price: $5,750,000
Gross Revenue: $3,609,071
Cash Flow: $1,204,896
FF&E: $1,400,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 3,500 Square Footage: 1,200 Building Type: Office - PB Isl Terms & Options: Easy to assign or extend Expiration Date: 10/26/2023

Reason for selling:

Retirement

Support & Training:

Seller will train for 2 weeks at no cost

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

David Ballou

Transworld Business Brokers