Limousine Dealer For Sale - S. California, CA

PROFILE: Very Profitable Southern California Limousine Dealer.

AD/LISTING INFORMATION
Status: Available
State: California
Location: S. California
County: None Given
City: None Given
Primary Category: Auto Related
Alternate Category:   Service Related
CONTACT INFORMATION  
USABizMart Ad #:  132508
Seller Or Contact:  Joe Atchison
Primary Phone:  951-277-4002
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  10/3/08
Date Ad Last Revised:   10/28/08

FINANCIAL INFORMATION
Asking Price: $3,900,000
Down Payment: $3,400,000
Annual Revenue: $10,391,000
Annual Adjusted Net: $1,377,200
   
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: Call

DESCRIPTION: 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 $1.1M. Owner Willing To Help Buyer For Up To One Year.

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