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Limo & Passenger Transportation
Active

NORCAL & Napa Valley Luxury Limousine Company and Fleet

Sacramento County, California, United States
Asking Price$1.75m
Revenue$1.32m
EBITDA-
Cash Flow$442k
Description
Luxury Limousine Service company primarily serving Sacramento, San Francisco, Napa & Sonoma Valley, and surrounding areas for over 35 years! The business owns and will include with purchase, a fleet of 17 beautiful and exceptionally well maintained vehicles, including, Stretch Limos, SUVs, Stretch SUVs, Party Buses, and Shuttle Buses.. Services are offered globally through their affiliate network and caters to high profile entertainers, athletes, dignitaries, and corporate executives, while also serving social events, weddings, proms, graduations, concerts, wine tours and corporate events. Company has a wide variety of long standing relationships and contracts with institutions such as; casinos, hospitals, universities, hotels, stadiums and other large institutions. Owner would like to retire and is motivated to sell. Owner wants business to continue to grow and be successful. Owner is willing to stay on for a period of time to train, and transfer client relationships.
Real Estate
Rent is $952,500 per month
Furniture Fixtures & Equipment
$921k
Inventory
$50kIncluded in Asking Price
Business is
Relocatable
Number of EmployeesFull-Time: 22
Year Established
1985
Reason Selling
Retirement
Facilities & Assets
FF&E Overview: In addition to the fleet of seventeen vehicles, leased warehouse facility includes management offices, Chauffeurs lounge outfitted with TVs, computer workstations, a pool table, and kitchenet
Support & Training
Number of Weeks Seller Will Offer Training: 8
Market & Competition
This limousine service company takes pride in their longevity in the industry, the immaculate condition of their fleet, and the outstanding service provided by their staff and chauffeurs. Many of the local competitors are "backyard" operators who come and go by night. This company is the opposite with an long standing reputation for providing great service, well maintained, clean, and safe vehicles.
Growth Opportunities
This business has a huge opportunity by leveraging the long standing brand in the NORCAL community. Current ownership has invested very little into marketing and advertising in recent years. A new owner committed to a simple marketing strategy could continue to grow this already very profitable business
Financing Options
Seller financing is available.
Asking Price$1.75m