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