Livery Business For Sale - Luxury Limousine

Listing ID: 700338280

Listing Title: Livery Business For Sale - Luxury Limousine

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Industry: Business Services

Industry Segment: Equipment Rental and Leasing

Country: United States

State / Province: New York

Area New York City Area

City: New York City

Asking Price Range: < $250K

Gross Revenues: $22,300

Cash Flow: $33,800

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2014

Number of Employees: 1 - 3

Business Description:
Hello - i am selling my business (*luxury limousine livery) the nyc laws have halted fhv licensing. Similar to laws that were passed on nyc taxis which makes the licensing itself a valuable asset. (*example - taxi medallions(licenses) were selling for close to $1,000,000 a few years ago). This business owns 1 luxury limousine fhv license that is grandfathered in. With it comes a 2015 chevrolet suburban already affiliated with uber, lyft, juno, via & other bases. Business details: annual income $31,200 - $33,800 (*weekly rental income $600 - $650/week x 52) expenses: commercial insurance: $7,500 - $8,500 annual maintenance: $2000 - $3000 annual net: $21,700 - $22,300 annual i am selling it for $250,000 please inquire at 646-4.9.3-

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