Union County, NJ Limousine Service Business for Sale

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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

Established 44-year-old limousine service in Union County, NJ.
Highly profitable with significant growth potential through trade shows, celebrity service, and casino junkets.
Includes a fleet of 11 limousines valued at nearly $1.0 million and experienced staff.

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

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