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Affordable & Luxury Limo Service Business
Location: United States -> Texas
Industry: Business Services > Transportation – Airplane, Taxi, and Limousine




Business Summary

23 Year Old Transportation Business – Recurring Income, 100% Turnkey, Real Estate Included.
Stafford, TX – Greater Houston Area
Founded since 1995, this leading transportation company specializes in limousine and shuttle services within the Greater Houston Area, the 4th largest metropolitan area within the United States.
The majority of revenues come from a highly valuable base of loyal repeat customers and referrals, which has been key in helping to fuel the company's recurring revenue streams. For over 2 decades this reputable business caters to the requirements and needs of the corporate and private clientele in the ever growing city and surrounding areas. Companies with high standards within the oil and gas industry, engineering and law firms the entertainment industry and private citizens looking for reliable and cost effective services are some of the sources of the business revenue. Due to the standards and reputation of the company, it stands out among the other transportation companies and it is well positioned for further growth.
This turnkey company has a well-oiled management structure and reliable staff for 5+years, to where it essentially runs itself. With 15 FT, 15+PT staff, and a fleet varying from modern sedans, limousines, party buses and shuttle buses, operating at 24/7, the business has a strong hold in the transportation industry in Houston, TX.
For 20+ years the company has an established record of being highly profitable with continuous cash flows for years to come. With vehicles and FF&E included, this high quality acquisition opportunity offers a substantial overall return in investment.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,580,000
Cash Flow:   $331,735
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $850,000
Seller Financing:  No

About The Business

Year Established:  1997
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned

About The Sale

Management Training and Support:  4 weeks
Reason For Selling:  Other interests

Photos

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Affordable & Luxury Limo Service Business Photo 1 Affordable & Luxury Limo Service Business Photo 2 Affordable & Luxury Limo Service Business Photo 3




Print Listing Id: 700287114
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Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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