Union County, NJ Limousine Service Business for Sale
Financial Details
- Asking Price:
- $1,600,000
- Annual Revenue:
- $700,000
- Cash Flow / SDE:
- $300,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 5.3x
- Location:
- NJ, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This listing presents a well-established limousine service business located in Union County, New Jersey, with 44 years of operational history. The company specializes in services for weddings and proms, positioning itself as a 'Foundation Piece' business that is already hugely profitable. Significant growth opportunities are identified, including participation in bridal trade shows, marketing a celebrity pick-up service, offering airport limousine services, and catering to casino junkets to destinations like Atlantic City, Parx Casino, Foxwoods, and Mohegan Sun. The business operates with a fleet of eleven limousines in mint condition, capable of transporting 2 to 42 passengers, and is supported by a team of long-standing, experienced staff. The fleet alone is valued at nearly $1.0 million. The current owner is seeking to retire and is willing to provide training and assist with booking rides for a desired period. The asking price is $1,600,000, with reported sales of $700,000 and cash flow of $300,000.
Industry Information
- Industry Description:
- Taxi, Limousine, Car Hire, Chauffeur Services
- Classification:
- Transportation & Storage
Operational Snapshot
- Year Established:
- 1981
- Reason for Selling:
- Lifestyle Change
Real Estate & Lease
- Status:
- Unknown
Listing Details
- Listing ID:
- 6131a625-7102-427e-8530-bfb0452b6f6b
- Source Listing ID:
- 36172
- Deal Status:
- For Sale
- Date Posted:
- April 01, 2024
- Last Updated:
- September 15, 2025
- Currency:
- USD