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Advert Ref: 1647206

High Volume and Profitable Limousine Business For Sale

Details: Asking price:$1,200,000; Sales revenue:$1,099,476; Net profit:$453,832; Fixtures value:$750,000; Inventory value:Undisclosed

Business description: Great Svc biz- Est 5y old Limousine business focusing on nightlife,weddings,proms, corp accts,airport runs.Sales in 07 sales expected to exceed $1.1 million.9 vehicles incl in the sale worth over $750k (Hummer,Suburbans, Escalades, Lincoln, Van).All vehicles are stored in an enclosed warehouse.Firm has all necessary permits for Dade, Broward, Palm Beach counties. All 10 drivers are 1099-Subs.Great books & records.Sales have grown from $300k in 05 to $700k in 06 to over 1 million in 07. Low rent. Please refer this listing #1647206 and ask for broker #10 when inquiring.

General information: Years established:2003; Employees: FT:1 PT:1; Real Estate: Lease; Living accomodation:Lease/Month: 2120 Square Footage: 2000 Building Type: Warehouse Terms & Options: Mth to Mth Expiration Date: 12/21/2007; Support & training:Seller will train for 4 weeks at no cost; Reasons for selling:Change in Career; Financing available?$900,000 @ 7% for 120months