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Thread: Best city to open a limo business

  1. #16
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    Quote Originally Posted by excaliberlimo View Post
    North Dakota? I'm in Fargo and business is horrible. Very little demand and if you don't have the lowest price you'll sit. Every 6 months or so someone starts up a new limo or party bus company, usually with old junk and not properly insured. All anyone cares about is the price. On the phone all limo's are the same. Did I mention lying about seating capacity? One competitor called his 16 pak SUV a 22, 8 passenger 120's that are called 12 paks. A guy who runs limos as taxi's for $5 per person with a $10 minimum bar to bar.
    North Dakota has the best economy in the nation with one exeption, the limo business.
    Become active in your community and get yourself out there to some networking events and business will pick up. I would rather pay 20% more to someone I have a relationship with through various meetings, someone who I know will stand behind the product or service delivered, instead of some schmuck that I have no idea who they are and will vanish once the job is complete. There are various business networking groups that are great for doing this that will allow only one member from an industry into each chapter meaning that there is only going to be one real estate agent, one mechanic, one health insurance agent, one chauffeured service provider in a chapter. Some will even let you go to another chapter's networking meeting if they don't have that industry position full meaning you can make your investment go much farther.
    Tim Wiegman, Jr.
    Boulevard Limousine
    Travel Confidently!
    Serving Kansas City, Lawrence, Topeka
    http://www.BoulevardLimoKC.com - Kansas City Limos
    KC Airport Car Service

  2. #17
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    Quote Originally Posted by excaliberlimo View Post
    North Dakota? I'm in Fargo and business is horrible. Very little demand and if you don't have the lowest price you'll sit. Every 6 months or so someone starts up a new limo or party bus company, usually with old junk and not properly insured. All anyone cares about is the price. On the phone all limo's are the same. Did I mention lying about seating capacity? One competitor called his 16 pak SUV a 22, 8 passenger 120's that are called 12 paks. A guy who runs limos as taxi's for $5 per person with a $10 minimum bar to bar.
    North Dakota has the best economy in the nation with one exeption, the limo business.
    Oh, and market what it is that separates you from your competitor. Tell them that your cars realistically seat 7 to 8 adults comfortably and that anymore than that would be a squeeze and ruin the luxury of hiring a limo. Tell them that you carry the proper fleet insurance, a general liability policy, and worker's comp so that everyone is protected in the unlikely event that something should happen. Tell them what you do to hire your staff such as background checks and drug testing. Tell them how you maintain your vehicles. Tell them how all of these added items are for THEIR safety and for a nominal cost they are hiring a much SAFER service.
    Tim Wiegman, Jr.
    Boulevard Limousine
    Travel Confidently!
    Serving Kansas City, Lawrence, Topeka
    http://www.BoulevardLimoKC.com - Kansas City Limos
    KC Airport Car Service

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  4. #19
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    Quote Originally Posted by BLVD Limo View Post
    I have a friend from high school who now works for a travel and tourism department in the Miami area. This person contacted me about knowing if I had any connections for limos in the Miami area after you apparently agreed to do a job but then backed out a couple days before the job was supposed to occur. I would venture to guess that your business would be doing much better if you upheld your promises oneoviding service and not canceling a reservation because you found a better paying job leaving what would have been a regular repeat customer stranded. By the way, the company that I referred that did do the job has reported back to me that it has resulted in over $5,000 in revenue since that Friday night event, but it is your business and you can run it how you see fit.
    I think a general rule of thumb is the people who are always making up excuses on why the industry is so horrible and that there is no money to be made don't know what they are doing or how to run a business.

  5. #20

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    Quote Originally Posted by brandon1 View Post
    I think a general rule of thumb is the people who are always making up excuses on why the industry is so horrible and that there is no money to be made don't know what they are doing or how to run a business.
    I am the one who said business was horrible, and I am pretty insulted by your comment.
    Not every market is the same as yours, you know. For example, last year 5 companies in this town bit the dust. Demand just isn't there. You used to go downtown on Friday or Saturday nights and see a dozen limos or buses on Broadway, several in the parking lots of every hotspot. Now you might see a fraction of that. Same for concerts, sporting events. Indian casino transportation is down to a dribble, used to be lines of limos. December used to be great for company Christmas parties, this year did 1. Even wedding and prom business has been slow.
    To say people in a depressed market don't know what they are doing or can't run a business is a pretty nasty thing to say. For example take all the coachbuilders who went out of business since 2008. Did they go out of business because they didn't know what they were doing? Or maybe the economy.
    Every market is different, opportunities aren't always the same. Ever try to help people instead of insulting them, Brandon? By the way, I am celebrating 20 years of "not knowing what I'm doing" How about you?
    Last edited by excaliberlimo; December 30th, 2014 at 12:23 AM.

  6. #21
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    Quote Originally Posted by excaliberlimo View Post
    I am the one who said business was horrible, and I am pretty insulted by your comment.
    Not every market is the same as yours, you know. For example, last year 5 companies in this town bit the dust. Demand just isn't there. You used to go downtown on Friday or Saturday nights and see a dozen limos or buses on Broadway, several in the parking lots of every hotspot. Now you might see a fraction of that. Same for concerts, sporting events. Indian casino transportation is down to a dribble, used to be lines of limos. December used to be great for company Christmas parties, this year did 1. Even wedding and prom business has been slow.
    To say people in a depressed market don't know what they are doing or can't run a business is a pretty nasty thing to say. For example take all the coachbuilders who went out of business since 2008. Did they go out of business because they didn't know what they were doing? Or maybe the economy.
    Every market is different, opportunities aren't always the same. Ever try to help people instead of insulting them, Brandon? By the way, I am celebrating 20 years of "not knowing what I'm doing" How about you?
    He wasn't talking about you but instead about Eeyore a.k.a. transporter. Every time transporter comes I e here, he complains about how made the Miami market is.

    As for coach builders going out of business, that's because the industry has changed and stretch limos aren't the thing anymore. It's buses. I think social media has a large role in that change.
    Tim Wiegman, Jr.
    Boulevard Limousine
    Travel Confidently!
    Serving Kansas City, Lawrence, Topeka
    http://www.BoulevardLimoKC.com - Kansas City Limos
    KC Airport Car Service

  7. #22
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    Quote Originally Posted by excaliberlimo View Post
    I am the one who said business was horrible, and I am pretty insulted by your comment.
    Not every market is the same as yours, you know. For example, last year 5 companies in this town bit the dust. Demand just isn't there. You used to go downtown on Friday or Saturday nights and see a dozen limos or buses on Broadway, several in the parking lots of every hotspot. Now you might see a fraction of that. Same for concerts, sporting events. Indian casino transportation is down to a dribble, used to be lines of limos. December used to be great for company Christmas parties, this year did 1. Even wedding and prom business has been slow.
    To say people in a depressed market don't know what they are doing or can't run a business is a pretty nasty thing to say. For example take all the coachbuilders who went out of business since 2008. Did they go out of business because they didn't know what they were doing? Or maybe the economy.
    Every market is different, opportunities aren't always the same. Ever try to help people instead of insulting them, Brandon? By the way, I am celebrating 20 years of "not knowing what I'm doing" How about you?
    It was directed as transporter. I have never seen him post anything other than jumping in every thread complaining about how horrible of a market Florida is and that there is no business in Miami. I would have to agree with you about business being bad in ND. I own a limo lead sales company and have over 1,000 websites I bought based on search volume and ND is one of the few states I never bothered to set up any websites because of the search volume being so low.

  8. #23
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    I agree not many coachbuilders left. And the majority of coachbuilders are getting a ton of business from China, Australia and the UK.

  9. #24

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    MrQ45: About North Dakota, Just talked to a guy in Williston (oil country). Completely different market out there. get this - $250 Hr Stretch Escalade
    $200 Hr stretch Excursion
    $150 Hr Town car 180" 90's vintage
    $100 Hr Town Car 120" 90's vintage

    He said theres lots of people with lots of money (oil workers) and nowhere to spend it. Also 7 day a week demand. He said it was both party work and corporate oil executives. I am definitely on the wrong side of the state. Would move there except Williston ND has the highest housing cost in the nation, higher than New York City.

  10. #25

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    Hi there I am a 32 year old woman who works for a good company, but recently got my degree in Business Managment with a focus on entrepreneurship. I have a bit of experience in owning a business but it was online and I have no experience in this industry. I have done a lot of research regarding permits, insurance, and have a meeting with a consultant at the SBA. Before I go forward and do a ton of industry research I would like some honest feedback as I dont want to quit my job or put it at risk with the low possibility of reward.

    My questions are:
    Would it be possible to begin with one bus and make a profit? If not, how many buses (average) would be required to make a profit after the costs of liability insurance, auto insurance, and insurance on the driver, passengers, etc...

    Im guessing I would need a co-founder to help as I am already employed and would only have time to put in about 30 hours a week in the beginning.

    Do you find yourself having to deal with police, court, drunken out of control people/situations/, issues with club owners, etc.

    What other concerns should I have before even thinking about going any further?

  11. #26

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    My answer is pretty simple. Best place to open a car service/limo business is a city that does not have Uber. Cities with Uber are seeing big declines in sales. we are a small operator so they have not hurt us yet. But I feel some day they will have a big market share.

  12. #27

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    Any city is good, just market yourself correctly. Someone said to get involved in the local bureaus and clubs and thats good advise just let yourself be known. I am the same as you, starting out from quitting my old job. I was in the hospitality business so I have a lot of contacts. The transportation business, like the hotel business, is you get what you put into it. If you have a great personality, believe me, the customers will come. If you are doing tours and sightseeing, Know your stuff. Be Creative and out think the other guy. Uber, they will eventually fade away after lots of litigation.

  13. #28
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    I am really interested to know the prospects of limo hire business in Melbourne if anyone is already onboard operating here. My cousin had been in hospitality business for a while and we have both saved and bought a limo. Being quite new in the business we are talking to couple of mentors, driving an online brand building, got a website built, considering Google ads and yellow pages, basically in the toddler phase. fingers crossed, any advice for a beginner in Melbourne will be awesome.
    Budget Limo Hire Service in Melbourne, Victoria
    Contact: Limo Hire in Melbourne

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