Limo Company for Sale in Somerset County, NJ

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Financial Details

Asking Price:
$235,000
Annual Revenue:
$324,000
Cash Flow / SDE:
$70,000
Profit Metric:
Cash Flow
Valuation Multiple:
3.4x
Location:
NJ, US
Source:
Date:
September 15, 2025

Key Highlights

Established 20-year-old limousine service with a strong customer base and goodwill.
Growing business with a unique operational model that doesn't require additional vehicle acquisition.
Retiring owners seeking to pass on a well-established and profitable operation.

Description

This is a well-established limousine service operating for 20 years, located in Somerset County, New Jersey. The business is profitable, with reported sales of $324,000 and a cash flow of $70,000. The asking price is $235,000. The sale includes valuable assets such as the customer base, goodwill, booked business, phone number, computer software and system, and the New Jersey State chauffeur's license. Notably, vehicles are not included in the sale but are available through established relationships with colleagues who provide transportation at favorable commission rates, allowing the business to operate without direct vehicle ownership. The owners are looking to retire, presenting a great opportunity for a new owner to take over a growing and well-managed operation. The business is listed under the 'Transportation & Storage' industry.

Industry Information

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

Operational Snapshot

Year Established:
2005
Reason for Selling:
Retirement

Real Estate & Lease

Status:
Not Included

Listing Details

Listing ID:
d96c9697-567e-4369-9efc-ca0c77967c97
Source Listing ID:
31168
Deal Status:
For Sale
Date Posted:
February 22, 2022
Last Updated:
September 15, 2025
Currency:
USD

Features & Tags

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Tags & Categories
Limo Company Limousine Service Chauffeur Services Taxi New Jersey