Benchmark Business Group

Established Party Bus & Limousine Business

Benchmark Business Group specializes in the confidential sale and purchase of successful businesses. Our experienced team, proven systems, strong buyer and lender relationships, and expertise in presenting financially sound deals to qualified buyers result in satisfied buyers and sellers.  Below is a list of businesses we have listed for sale in Iowa and surrounding areas.

Listing ID: 2880
Industry: Services: Travel & Transportation

Quick Facts:

Listing Price:

$315,000

EBITDA:

$0

Real Estate:

N/D

Gross Revenue:

$284,881

FF&E:

$216,500

Established:

2005

Cash Flow:

$65,116

Inventory:

$1,000

Employess (FTE):

2.00

Description:

This established party bus & limousine business for sale in the Des Moines metro area has provided reliable transportation services for special events in the state of Iowa since 2005. The business has a fleet of 14 clean and well-maintained vehicles including limousines, trolleys, mini & super limo buses, shuttle & full-size buses. Drivers are 1099 workers who are routinely drug-tested and provide excellent customer service. The business also maintains proper licensing to comply with DOT regulations.

Detailed Information:

Broker:

Scott Stricker

Location:

Midwest

Facilities:

The 1,200 square foot facility includes a security system with cameras and an established phone number with a VOIP phone system in place.

NAISC:

485320

Inventory included?:

Yes

Reason for selling:

The owners have decided to focus on other business ventures.

Market opportunities:

The majority of the business from this company comes from weddings and wedding-related activities in Central Iowa. Growth can be found by establishing a presence in other markets throughout Iowa; increasing corporate, specialty tours, and other special-event clientele; and by adding other vehicles such as antique classic cars, stretch limousines, etc.

Competitive advantage:

Company has an established reputation and his won awards for being the best party transportation company in the area. 

Able to relocate?:

Yes

Real estate included?:

No

Real estate owned by seller?:

N/D

Real Estate leased from third party?:

Yes

Real estate available for buyer to purchase?:

No

Seller financing available?:

No

Training provided by seller?:

Yes

Franchise ?:

No

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Real Estate Brokerage:

Next Generation Realty
2011 NW 100th Street
Clive, IA 50325
Telephone: 515-224-9900
Fax: 515-224-0858

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