Premier Limo Business in S. Florida

Listing Number: 7301-183732

Description

S FLA's premier Limousine Transport Business specializing in Palm Beach Island since 1978. One owner since inception. 19 permits for PB Island. Fleet of 50+ vehicles incl. MBenz, Cadillac, Vans, Stretch (most new model yr) worth $1.4mil delivered free can clear at closing. 60-70% of business is from Palm Beach Island clients. Also services Broward and Dade. All a-ports and c-port licenses included. RE@ $725k included. First class operation, clean books, Seller will stay on as needed. RE INCL in price, appraised at $750k. SBA pre approved.

Listing Details

  • Price: $4,950,000
  • Down Payment: $4,950,000
  • Sellers Discretionary Earnings: $1,104,142
  • Total Sales: $3,310,444
  • Location: Palm Beach County, Florida

  • Inventory: $0
  • FF&E: $1,400,000
  • Employees: 7
  • Year Established: 1978
  • Reason for Selling: Retirement
  • Category: Transportation
Premier Limo Business in S. Florida

Business Listed By:

David Ballou