Louisiana
$80,000
Louisiana
$80,000
Florida
Cash Flow: $450,000
Slidell, LA
$395,000
Yavapai County, AZ
$149,000
Ada County, ID
$1,350,000
Germantown, MD
$250,000
Rockwall County, TX
$99,999
Port Saint Lucie, FL
$199,000
Morris County, NJ
$55,000
Puerto Rico
$790,000
Scottsdale, AZ
$157,000
Onondaga County, NY
$85,000
$99,000
Austin, TX
Minnesota
$599,000
St. Johns County, FL
$99,500
Gregory Carafello
First Choice Business Brokers of Manhattan
Serving Suffolk County, NY
Founded in 1994, First Choice Business Brokers is one of the largest Business Sales Organizations in the world, with multiple offices located throughout the U.S. listing over $7 billion worth of businesses. Our New York City office consists of 1 Principal, 3 Associates, and administrative personnel. In addition, we have a select team of professional service providers we can recommend that can provide legal, accounting, planning, financing and various other services. First Choice Business Brokers is a member in good standing with the Better Business Bureau (A+ Rating). The FCBB office is located in Manhattan which covers the entire New York and New Jersey Regions. The Principle Broker, Gregory J. Carafello, has over 38 years of extensive Business Ownership experience as a small to medium sized business owner since 1998.
California
$275,000
Illinois
$275,000
Virginia
$2,000,000
Houston, TX
$225,000
Myrtle Beach, SC
$85,000
McHenry County, IL
$735,000
Houston, TX
$400,000
Louisiana
$175,000
$2,321,000
Simcoe County, ON
$1,350,000
Maricopa County, AZ
$55,000
Corona, CA
$599,885
Nashua, NH
$150,000
REAL ESTATE INCLUDED
Cash Flow: $5,274,046
Alabama Port, AL
$925,000
Martinsburg, PA
$199,500
Pompano Beach, FL
$6,995,000
Orange County, CA
$250,000
Fort Wayne, IN
$486,000
$150,000
Walton County, FL
New York, NY
$45,000,000
Newton, MA
$750,000
Hawaii County, HI
$150,000
Palm Beach County, FL
$39,000
$90,000
Limousine and passenger transportation companies listed and sold on BizBuySell are generally small businesses that specialize in the transportation of individual people or groups. Passenger transport businesses have a variety of clients, from individual travelers, groups of people celebrating a special occasion, and corporate clients who need to move employees around. Most common types of passenger transport businesses sold on BizBuySell are limousine companies and luxury bus providers with chauffeur service, shuttle and bus providers with drivers, taxi companies, and specialized transportation companies like non-medical ambulatory services, touring companies, and school bus businesses.
If you are looking to buy or sell a passenger transportation company, it is important to have some context on pricing, valuation, and financial performance of these businesses. Below we have aggregated listing data of these companies, surfaced key financial metrics, and derived valuation multiples.
Market Overview
Number of Businesses Analyzed |
111 |
Median Asking Price |
$656,000 |
Median Reported Revenue |
$608,671 |
Median Reported Earnings |
$226,673 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Passenger Transportation Company Business Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.76 |
2.11 |
Median |
1.03 |
3.00 |
Upper Quartile |
1.48 |
3.86 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Limousine & Passenger Transportation Company Business Valuation Multiples & Financial Benchmarks
FAQs
How much does it cost to buy a passenger transportation company?
Prices vary depending on sales volume and financial performance, but the median asking price for a passenger transportation business listed in the U.S. is approximately $656,000.
How much do passenger transportation company owners earn?
On average, passenger transportation business owners report median annual sales of $608,671 and annual owner earnings of $226,673. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.
How do I value a passenger transportation business?
Valuing a limo or passenger transportation company involves considering several factors, including annual revenue, profit, and growth. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. Passenger transportation business revenue multiples typically range from 0.76 to 1.48, with the median at 1.03. Earnings multiples range from 2.11 to 3.86, with the median at 3.00. These values suggest a typical passenger transportation company will sell for around 1.03 times its annual revenue, and 3 times its annual owner’s earnings.
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