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Profitable Turnkey Limousine Business in Seattle, WA

Gig Harbor, WA

Seller Financing Available

Asking Price:$950,000
Gross Revenue:$769,610,000
Rent:$1,900/Month
Established Year:2014
Cash Flow:$201,175
Inventory:$50,000
FF&E:$300,000
Listing ID: 2205969Listing provided by BizBuySell
BUSINESS DESCRIPTION

Established business since 2014 with strong cash flow

Discover an exhilarating chance to take ownership of a thriving limousine and luxury car service based in Gig Harbor, Washington. Boasting almost a decade of steady expansion and profitability, this company is renowned for its unwavering commitment to exceptional service. With a solid reputation firmly established in the luxury transportation sector, it has become synonymous with excellence. Renowned for consistently delivering top-notch services, this enterprise transcends geographical boundaries through a robust network of affiliates, ensuring accessibility beyond Washington. Tailored for an ambitious investor, this business offers promising avenues for growth in a flourishing industry that adapts to changing demands. Positioned for success in the dynamic realm of luxury transportation, this established venture presents unparalleled growth opportunities.

ATTACHED DOCUMENTS
Profit-and-Loss-Statement Jan-Apr 2024.pdf.pdf Download
Balance Sheet-Jan-Apr 2024.pdf.pdf Download
DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Lease Expiration
13/02/2027
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Our company boasts a diverse fleet of eight vehicles, designed to meet the varying needs of our clients. This includes a Standard Luxury Sedan, three Luxury Electric Vehicles, two Luxury SUVs, a unique Chrome Stretch Limo, and an Executive-Style Sprinter Limo. Our prime office in Gig Harbor is equipped with an EV charging station and features a dispatch center, media room, chauffeur lounge, kitchen, and restroom facilities for maximum comfort and efficiency.
Competition
Our market analysis of the area within a 10-mile radius of Gig Harbor, WA, reveals a distinct advantage with minimal direct competition. This prime positioning offers a lucrative opportunity to establish a strong foothold, catering to the sophisticated needs of local clientele with little rivalry.
Growth & Expansion
Pros: - Corporate Clients: The presence of tech giants such as Amazon and Microsoft ensures a consistent flow of corporate clientele. - Diverse Events: A wide range of cultural events, conventions, and weddings offer ample opportunities for business expansion. Cons: - Contractors: As a contract-based company, finding qualified chauffeurs can be challenging due to strict selection criteria and industry demands.
Financing
None
Support & Training
We provide a comprehensive 90-day training and support program to ensure new owners are seamlessly integrated into the business. Our expert guidance facilitates a smooth transition, equipping owners with the tools and knowledge needed for long-term success.
Reason for Selling
Relocation
BUSINESS LOCATION
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