Established Limousine Company for Sale in Mercer County, NJ with 3 Vehicles and Strong Contracts

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Financial Details

Asking Price:
$250,000
Annual Revenue:
$510,000
Cash Flow / SDE:
$151,000
Profit Metric:
Cash Flow
Valuation Multiple:
1.7x
Location:
NJ, US
Source:
Date:
September 15, 2025

Key Highlights

Established Limousine Company with a strong track record in Mercer County, NJ.
Includes 3 well-maintained vehicles (2018-2019 models) valued at $60,000.
Significant growth potential with permits for up to 10 additional vehicles and two long-term corporate contracts.

Description

This is an established Limousine Company based in Mercer County, New Jersey, offering taxi, limousine, car hire, and chauffeur services. The business comes with 3 well-maintained vehicles (2 Suburbans and an MKT, 2018-2019 models) valued at $60,000, each with dedicated full-time drivers. It benefits from two long-term, renewable contracts that ensure a steady workflow, primarily serving corporate executives and airport transportation needs. The current owner manages operations through GPS monitoring. A key advantage is the inclusion of plate permits allowing for the expansion of the fleet by up to 10 additional vehicles, presenting substantial growth opportunities. The seller is motivated by relocation and offers training and assistance for a smooth handover. Prospective buyers must show proof of $200,000 in liquid funds. Traditional bank financing is not available due to the seller's desire for a quick sale.

Industry Information

Industry Description:
Taxi, Limousine, Car Hire, Chauffeur Services
Classification:
Transportation & Storage

Operational Snapshot

Reason for Selling:
Relocating with their family.

Real Estate & Lease

Status:
Unknown

Assets & Inventory

FF&E Value:
$60,000 USD
Includes FF&E:
Yes

Listing Details

Listing ID:
9fb94edd-2fc7-43fa-a52f-4770e5ee49bf
Source Listing ID:
35949
Deal Status:
For Sale
Date Posted:
October 31, 2023
Last Updated:
September 15, 2025
Currency:
USD

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