Limo Company for Sale in Somerset County, NJ
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
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