Newton, MA
Limo and Passenger Transportation Established Businesses For Sale
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 83 |
| Asking Price | $650,000 |
| Reported Revenue | $840,386 |
| Reported Seller's Discretionary Earnings | $200,000 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $345,000 | $650,000 | $1,500,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Limo and Passenger Transportation Businesses for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $337,071 | $120,000 |
| Median | $840,386 | $200,000 |
| Upper Quartile | $1,565,285 | $398,673 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Limo and Passenger Transportation Businesses listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.78 | 2.52 |
| Median | 1.00 | 3.20 |
| Upper Quartile | 1.44 | 4.42 |
FAQ's
How much does it cost to buy a Limo and Passenger Transportation?
The median asking price for an established Limo and Passenger Transportation is $650,000, though prices range from under $345,000 to well over $1,500,000.
How much do Limo and Passenger Transportation Businesses owners earn?
The median reported revenue of Limo and Passenger Transportation Businesses is $840,386 and owners earn a median of $200,000, which includes the owners salary and any other financial benefits they receive.
How do I value a Limo and Passenger Transportation?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Limo and Passenger Transportation Businesses, revenue multiples range from 0.78 to 1.44, with a median of 1.00. Earning multiples range from 2.52 to 4.42, with the median at 3.20. This means the typical Limo and Passenger Transportation may ask for around 1.00 times its annual revenue, and 3.20 times its annual owner earnings.
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