This is a 20 year old Southern California limousine service. It has always been one of the top three largest operators in the area. Founded to provide chauffeured limousines and other luxury vehicles to the retail and business traveler markets. Company focuses on special events, sporting events, weddings, nights on the town, wine tours, casino packages and airport transportation. The company has several thousand repeat customers (6000 customers total), developed over the last 20 years of quality service to demanding customers. The repeat client list is very large. The company has a dynamic web site and professionalism drives customers to the site many times daily. 2007 service is provided with 17 vehicles, however vehicle inventory does change with demand and season. Company has 33 chauffeurs, most are seasoned with at least 2 or more years experience. Reservations are fully computerized. The city's airport is one of the top 10 destination airports in the United States. The city is one of the top 5 tourist destinations in the U.S. and offers a tremendous opportunity in the untapped meeting and events segment of the chauffeured transportation industry. The chauffeured transportation industry is a six billion dollar industry, growing at a rate of about 6% per year. Buy this business now and grow with the industry using your sales and management experience.
Contact Information
Contact: Spencer Tenney
Phone: 615.509.4599
Email: stenney@charlestenney.com
Seller Financing:
Seller will finance 10% of the price for a qualified buyer.
Year Established:
1985
Mgmt. Training/support:
Seller will provide two weeks at no charge. Additional time available.
Reason For Selling:
Seller wants to invest proceeds of this sale into a new investment.
Facilities:
10,000 s.f. warehouse + offices + outside parking. Facility is leased.
Lease is assumable to qualified buyer.
Market:
The chauffeured transportation industry is a six billion dollar industry, growing at a rate of 6% per year. Demand is high. There is room for substantial growth in the market, especially in developing corporate accounts. There are also several untapped niche marketing opportunities that could easily push sales even higher. Company has significant yellow page presence, but continues to place more emphasis on internet marketing.
Outlook/Competition:
The competition is made up of two major companies and many small mom & pop operations. The company has a dominate position in web search engine placement. There is room for substantial growth in the market, especially in developing corporate accounts.
There are also several untapped niche marketing opportunities that could easily push sales even higher. Repeat business is strong due to a diligent, "above and beyond" customer service policy.
