Turnkey and Profitable Limousine Company with Real Estate

Price: $1,210,000

Location: Houston, TX (Harris County)

Listing Description

Excellent Growth Opportunity!

Great opportunity to purchase this decades long established and profitable limousine business in the Houston, TX area. The business has a fleet of stretch limos, party buses and private passenger SUV’s. The business is owner operated with employees meticulously maintaining the fleet. Real estate is also for sale.

Services are provided for weddings, funerals, proms, out-of-state transport, to name a few client types. Strong referral base, great reviews and walk-in traffic, make this business a winner. In addition, there is consistent revenues with commercial accounts.

Real estate license is held under brokerage Realty Associates.


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
1,200
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Real estate is owned and available for sale. Vehicles are stored here and there is room for more.
Competition:
Customers can see and touch the vehicles on location. This high traffic location has great visibility.
Growth & Expansion:
Add marketing, sales staff, vehicles, to name a few ideas
Support & Training:
Negotiable
Reason for Selling:
Retirement

Listing Details

Gross Income: $537,000

Cash Flow: $250,000

FFE: $300,000