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Established Transportation Business For Sale

Philadelphia County, Pennsylvania, United States
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Asking Price$250,000
Revenue$169,520 EstablishedUndisclosed
Cash Flow$113,180 Employees6 full-time
FF&E$120,000 FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Limo services operating 6 vehicles in Philadelphia County and surrounding area. The business can be operated from home. The limo's are leased to the drivers. Drivers pay all operating cost except insurance and maintenance. The company focuses on for-hire vehicles or livery cabs servicing Philadelphia County. Through the company'shistory, the company's retention rate has been close to 95%. Livery leasing in Philadelphia county is a rare and under nourished business frontier like no other. Gone are the days of oppressive TLC regulations and limited growth. Uber, Lyft and others have capitalized on this new landscape and the sky's the limit.These technology companies have embraced leasing companies. There is an insatiable hunger for more vehicles as no one seems to meet the demand. There is an endless line of drivers looking to partner up with vehicle owners. They have nourished very close relationships with Uber, Lyft and GET over the last few months. These relationships offer what seems like infinite growth. Opportunity to expand revenue with private accounts. This is an explosive industry, what are you waiting for?Please call 1-877-735-5224 for further information. Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Training/Support:The seller will train the new owner.
Seller Financing:$125,000.00 Down and $125k balance over 3 years at 5%
Ad #95144
Seller Reference #27590
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Rick Murray
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