Very profitable limo service for sale, just waiting for the right owner who wants to start or grow their limousine business.
This company has been in business for 14 years and has a great reputation in the community, as well as a solid customer base that provides repeat business. With the current business model, you can operate corporate accounts during the day and special events rentals at night. The company has a great website, strong web presence and SEO because they have been around so long. The company name and great upscale suburban location gives you access to some of the wealthiest customers in town. The top 5-star hotels located in the area all use this company.
This business comes with a 2020 Ford Expedition and a 2018 Mercedes Benz S450. There are still loans on these vehicles but plenty of cash flow to cover your debt service and still make a great net profit. In addition to their own cars, they also contract work out to independent limo drivers on a 80/20 split. This is an area of the business a new owner can easily grow with very little cost.