NORCAL & Napa Valley Luxury Limousine Company and Fleet

Listing Number: 71701-682355

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.

Seller would like to retire and is motivated to sell. Seller wants business to continue to grow and be successful. Seller is willing to stay on for a period of time to train, and transfer client relationships. THIS IS A SMALL FAMILY RAN BUSINESS AND WILL REQUIRE BUYER TO BUILD A NEW OPERATIONS AND MANAGEMENT TEAM. SELLER FINANCING WILL BE CONSIDERED TO ONLY AN EXISTING TRANSPORTATION OPERATOR OR A BUYER WITH EXTENSIVE TRANSPORTATION EXPERIENCE. THIS BUSINESS WILL NOT QUALIFY FOR SBA LENDING.

Listing Details

• Price: $ 1,750,000
• Down Payment: $1,200,000
• Sellers Discretionary Earnings: $ 441,671
• Total Sales: $ 1,320,750
• Location: Sacramento County, California


• Inventory: $ 50,000
• FF&E: $ 921,000
• Employees: 22
• Year Established: 1985
• Reason for Selling: Retirement
• Category: Transportation