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This is the sale of the licenses/permits for an Airport/Seaport Executive transport for Palm Beach, Broward and Dade Counties. This business comes with a website and all the permits to run it for an unlimited number of vehicles . Seller will provide buyer unlimited training and support. Permits are good for sedans, vans, limos, Non Emergency transport and party buses. With the influx of new residents, businesses and cruises back up and running, this business can grow exponentially. Seller is also in the same business and is willing to refer overflow business from his current company over to Buyer. It would cost in excess of $400K to start a similar business today with a min of 7 vehices including one Van with handicap access. The Palm Beach permit alone is a nonrefundable $10K, the ones for Dade and Broward are given through a lottery system. There's much business to be had by adding service to the seaports of Palm Beach, Ft Lauderdale and Miami. Cash flow statement shown is based on a Proforma operation of this business with owner working 20 hrs a week. Clean driving and background record needed in order to be approved by Consumer Affairs. Seller will train Buyer in all aspects of the business and offer continuous support for as long as Buyer operates under his license. Seller will also pay up to $5K for the first year's commercial vehicle insurance. NDA required for additional information.
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This business presents a premier, asset-backed aviation infrastructure portfolio, representing a unique opportunity in a highly demanded airport in Florida. Its impressive physical footprint is built around a fully owned facility, featuring a hangar bay and an office space. This exceptional property is secured by a highly coveted, long-term municipal land lease that was just renewed, guaranteeing decades of uninterrupted operational stability. This communication relates solely to a potential change-of-control M&A transaction involving an eligible privately held company. It is intended only for prospective acquirers who will acquire control and actively participate in management and is not an offer or solicitation of securities. If these criteria do not apply to you, this communication is not intended for you; please do not access or review the transaction materials.
National transaction benchmarks for limo business businesses.
Under $500K
$500K to $2M
A variety of factors can cause businesses to trade outside this range, including earnings quality, operational transferability, key-person risk, growth trajectory, and geography, so a listing priced above or below the typical multiple usually reflects real differences in the underlying business.
Cofounder & CEO
Key diligence, valuation, financing, and transition considerations for buyers evaluating limo business acquisitions.
Passenger transport is licensed, usually through a state public utilities or transportation authority, plus DOT requirements and mandatory commercial insurance. This authority is often tied to the seller and may not transfer cleanly in an asset sale. Confirm exactly what licenses and permits the business holds, whether they convey, and what your own application would require, because you cannot legally carry passengers without them.
Vehicles lose value with age and mileage, and many are carried on loans or leases that affect what you are really buying. A fleet that looks impressive can hide deferred maintenance and upcoming replacement costs. Inspect each vehicle, get mileage and service histories, confirm clean and transferable titles, and identify any financing that must be settled or assumed at closing.
Recurring corporate travel accounts, airport contracts, and standing relationships are far more valuable than one-off weddings and proms. Event work is lumpy and seasonal; contracted corporate and airport business is predictable. Examine the revenue mix, the strength and term of any account relationships, and how much of the book would survive a change of ownership.
Drivers require appropriate licensing and screening, and commercial passenger insurance is one of the largest fixed costs in the business. Driver turnover, drug-testing compliance, and workers' compensation all add up, and a poor insurance or safety record raises your premiums. Review the driver roster and qualifications, the safety and claims history, and the current insurance terms before you take it on.
App-based rideshare has permanently pressured casual point-to-point fares, so a limo business survives on what apps do not serve well: corporate accounts, black-car service, events, and airport contracts. A business competing head-on with rideshare on price is fragile. Judge how defensible the niche is and whether the company has carved out relationships and service levels that apps cannot easily replace.
Answers to common buyer questions for this market.
