Limo and party bus business for sale: overview
For sale due to the owner’s retirement is a limousine service business in New York. It was founded in 1994 and has been going well ever since. Sales are constantly growing and 2019 was the most profitable year of the business. Due to the pandemic, it slightly slowed, however, now is returning to the previous level. Many affairs were put off to 2021 and a significant backlog provides a good opportunity for the next owner. The business’s wheelhouse includes different celebrations, proms, parties, weddings, airport destinations, and much more.
Incomes are certain because it operates at an excellent competitive advantage. Now the competition has become limited so that s one more benefit for the company. The NYS TLC no longer supports new TLC licenses, and this company has three which are encompassed in the sale.
This limo and party bus company for sale has a range of luxury vehicles for 8 – 35 guests and provides different seating capacities and functionalities. These vehicles are owned free of debt, which gives them a strong ability to make profits under the worst of all events.
A tremendous reputation lasting for 27 years speaks for itself: in fact, other limousine companies often ask the company to handle orders; a team of drivers is always timely and polite. The owner is willing to retire, however, he will stay on to provide help if needed.
If you want a smooth transfer of ownership for this prize business for sale – don’t wait too long, or it will be gone!
