Limousine Service Industry

NAICS: 48532

For additional companies see the Taxi & Limousine Service Industry

Limousine Service Market Share: Largest Companies in the Limousine Service Industry

Company	Headquarters	Revenue ($ MM)
WEDRIVEU	Burlingame, CA	100
EMPIRE INTERNATIONAL LTD DBA EMPIRE CLS WORLDWIDE CHAUFFEURED SERVICES	Secaucus, NJ	97
BLS LIMOUSINE SERVICE OF NEW YOR	Hicksville, NY	69
RESTON LIMOUSINE & TRAVEL SERVICE	Sterling, VA	61
CAREY INTERNATIONAL	Frederick, MD	53
GROOME HOLDINGS	Richmond, VA	43
DESERT CAB	Las Vegas, NV	25
LIMOLINK	Marion, IA	23
BROADWAY ELITE	East Hanover, NJ	22
AMERICAN LIMOUSINE LLC DBA RMA WOLDWIDE CHAFFEURED	Rockville, MD	21
AUTUMN TRANSPORTATION	Rocky Hill, CT	21
DILLARD-LEWIS	Raleigh, NC	19
MUSIC EXPRESS	Burbank, CA	17
FIELD TRIPS 101	Geneva, NY	16
COMMONWEALTH LIMOUSINE	Waltham, MA	16
TRAVEL RESEARCH ADVISORS	Dallas, TX	16
MTI LIMO & SHUTTLE SERVICES	Atlanta, GA	16
PONTARELLI GROUP CHARTER & ALL ABOUT CHARTERS	Chicago, IL	15
AMATO INDUSTRIES	Burlingame, CA	14

This is a list of the largest companies active in the Limousine Service industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Limousine Service industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.

Growth: Fastest Growing Limousine Service Companies

A list of competitors in the Limousine Service industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Limousine Service businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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Venture Funding

These Limousine Service companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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