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Thread: Need advice on renting/leasing limos for hire!!

  1. #1
    Junior Member
    Join Date
    Aug 2006
    Posts
    2

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    Hi! I am seriously considering entering the livery business. However, I would like to rent or short-term lease 2-5 limos to test potential volume of business.
    Has anyone advice on companies which may offer this type of contract?

    Thank you very much!

  2. #2
    Senior Member
    Join Date
    May 2001
    Location
    Los Angeles, CA
    Posts
    1,695

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    Fluff if you are just looking to test the market you may very well just become a broker at the beginning. Put out your marketing and sales leads and any work that does come your way send it to an established company that you have a contract with to provide the actual service at an established rate. You would make some money on these jobs (say 20-30% depending on the rate you can get from the customer) but the best part is you would not have any huge fixed costs to deal with aside from your marketing expenses. If you find that the volume of business is there on a regular basis then you can start acquiring your own fleet to handle what type of work is most requested.

    Not many things in this business is set up for short term deals for company owners. I you want in you have to make a big commitment. But being a broker can be very short term and flexible. In fact I know a few guys who only broker during the prom season and make a little change with not much risk as long as you cover your bases with contracts.
    Steve Walker ppvsteve@gmail.com

  3. #3
    Junior Member
    Join Date
    Aug 2006
    Posts
    2

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    Thank you Steve for your input and advice.
    I had not thought of "brokering", and I really
    appreciate your taking the time to let me know.

    That sounds like a great initial alternative to
    test the market. Thanks so much again Steve!

  4. #4
    Junior Member
    Join Date
    Jan 2009
    Posts
    1

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    I am unaware about the company names if i got any information regarding it surely i will post it to you in this forum.
    ------------------
    gomez

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