Business For Sale Listing 155529
Very Profitable Limousine Dealer, $1.4M SDE
Status as of Nov-22-2008 at 05:59 PM: Active
Business Summary
This 46 year old Southern California based Company sells new (25%) and used (75%) limousines to its international customers in 67 countries of the world. 40% of revenues are from international customers and 60% from domestic. Revenues are up by over 12% this year and is the third straight year of increased revenues and net. Its long-term business relationships in the U.S., Western and Eastern Europe, the Middle East, and Asia result in strong repeat (40%) and referral (20%) sales. Recent changes in Mexican law now allows the export of used limousines into that country which should prove to be a significant new market for the Company.
The Company's international unit sales are favorably affected by the oil wealth being generated in Russia and the Middle East. the growing number of millionaires in Asia and the declining value of the dollar. Primary U.S. customers are Fortune 500 corporations, hotels, celebrities, professional athletics, casinos, marriage chapels and funeral parlors. The Company performs as an effective middle-man in the purchase and re-sale of new limousines that they buy at wholesale from the major OEMs.
Effective web site with photos and pricing. Great cash flow with all sales paid in full before units are shipped. Clean books. Real estate is available, for $1.1MM. Owner willing to help buyer for up to one year.
Categories
Industry
Location
Financials
| Sales: |
Between $10 Million And $25 Million (10,391,000) |
| Profits: |
Between $1 Million and $2.5 Million (1,377,200) |
| Profit Type: |
Cash Flow |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $2.5 Million and $5 Million (3,900,000) |
