CA Limo Service
California
Asking Price: $ 260,000
Cash Flow: $60,000
Gross Revenue: $250,000
FF&E: $
Inventory: $
Year Started: 1997
Business Description
Great opportunity to acquire an incredible company with almost 30 years of experience. Limo and transport service booking company. This company acts as an “Uber” or booking service and then hires out the trip request to independent, 3rd party drivers, then collects 25% to 32.5% of the booking fee. No physical assets included. Software, website, client list, virtual terminal, etc will all be conveyed will the sell. The business took a hit during covid and is working its way back to its pre-covid numbers.
Currently servicing Palo Alto, Atherton, Menlo Park, Los Altos, Saratoga, Cupertino, Santa Clara, Mountain View, Los Gatos, Redwood City, East Palo Alto, Woodside, Portola Valley, and West San Jose. They market themselves to people seeking transportation to and from the airport, concerts, sporting events, sightseeing, and other point to point transfers.
With a small marketing budget and proper advertising, the company can see some very healthy growth figures moving forward. Current owner is willing to stay on and train.
Detailed Information
- Location: California
- County: San Mateo County
- Industries: Transportation & Storage
- Age of Business: 25
- Reason for Selling: Retiring
- Seller Financing: No
- Established After Year: 1997