Looking for Strategic buyer for Party bus and Limo company

Price: $450,000

Annual Revenue: $622,584

Net Cash Flow: $207,364

Industry: Transportation

Location: Middlesex County, New Jersey

Well-established Party bus and Limo company based in Central New Jersey for over 30 years.  It features a tremendous book of business for long-time clients. The purchase price includes 8 vehicles all owned outright. This business does not rely on any single type of client to generate most of its revenue. The business has a large retail client base and gets business from client referrals and by being on a very well-trafficked road. The business offers airport transfers, stretch limo, and party bus rentals. They have a steady amount of work and would be perfect for an owner-operator or another limo company looking to increase its sales through acquisition. The current owner is looking to retire with his primary responsibility of taking inbound calls and scheduling jobs. This is an opportunity to build on an established name and business which is widely known and respected in the area. Everything is in place for the new owners to make a seamless transition to this turnkey operation before the start of the busiest season of the year.