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Fhv Livery Business New York City $250,000 For Sale

New York City, New York
Asking Price:
$250,000 (USD)
Sales Revenue:
$33,800 (USD)
Cash Flow:
$22,800 (USD)

Livery Business For Sale - Luxury Limousine

Hello - I am selling my business (*Luxury Limousine Livery)
The NYC laws have halted FHV Licensing. Similar to laws that were passed on NYC Taxis which makes the licensing itself a valuable asset. (*example - Taxi Medallions(licenses) were selling for close to $1,000,000 a few years ago).

This business owns 1 Luxury Limousine FHV License that is grandfathered in. With it comes a 2015 Chevrolet Suburban already affiliated with Uber, Lyft, Juno, Via & other bases.

Business Details:
Annual Income $31,200 - $33,800 (*weekly rental income $600 - $650/week x 52)

Expenses:
Commercial Insurance: $7,500 - $8,500 – annual
Maintenance: $2000 - $3000 – annual

Net: $21,700 - $22,300 – annual

I am selling it for $250,000


If interested, please contact the seller through the form on this page.

Property Information

Real Estate:

Real Property Included

Location:

New York, NY

Business Operation

Employees:
1
Years established:
5

Other Information

Inventory / Stock value:
$50,000 (USD)
Home based:
This business can be run from home.

Contact Information

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