People

Dynasty Limousine Keeps A High Stride

Posted on February 29, 2012

Dynasty Limousine owner and CEO Anne Fleming, general manager Shelly Fleming, and vice president/CFO Pierce Fleming.
Dynasty Limousine owner and CEO Anne Fleming, general manager Shelly Fleming, and vice president/CFO Pierce Fleming.

 

JACKSONVILLE, Fla. — One quality you can always ascribe to operator Pierce Fleming is persistence. His company, Dynasty Limousine, is a four-time finalist for the LCT Operator of the Year Award. And although it didn’t win again this year, it is not stopping Fleming from making some winning moves.

In the past year, retail runs are up and the fleet has grown to 17 vehicles, with 12 limousines and five sedans and SUVs. What makes Dynasty Limousine so distinct is the fact that it has grown and gone public relying on a business model that is 95% retail and 5% corporate. It can provide the full range of corporate chauffeured services but does not actively promote them. Dynasty specializes in large stretch limousines used for all types of special events, weddings, and entertainment outings.

Dynasty recently acquired two 200-in. Cadillac Escalade stretch limousines from Imperial Coachworks to add to its fleet of stretch Hummers, Chrysler 300s, and Town Cars.

“The next thing on the horizon is getting another limo bus,” Fleming told LCT recently. “Limo buses are understated. They are good for weddings, and we’re thinking of getting a 40-passenger party bus w/lasers and poles.”

In addition to the limo bus, the company is looking at acquiring a used Rolls Royce sedan for weddings and some newer stretch limousines, such as the MKT, to eventually replace the Hummers.

Official financial reports indicate revenue growth of 2.1% in 2011 to $718,494, with Dynasty Limousine having operated with three fewer limousines than usual for most of 2011, Fleming said.

Dynasty Limousine had to exert itself to become a publicly traded company, a process that involved long nights of paperwork, even longer waits for regulatory approvals, and painstaking attention to financial details. It also bought a small limousine company in southeastern Georgia, and received certification for Department of Defense Transportation.

Fleming, who runs the company with his mother, Anne, the founder and CEO, and his wife, Shelly, general manager, recently was interviewed on Stock Traders Radio.

Podcast interview clip here.

Related LCT article on Dynasty Limousine

LCT Dynasty Limousine online article archive.

— Martin Romjue, LCT editor

View comments or post a comment on this story. (0 Comments)

More News

Reston Limousine Hires New Marketing Manager

Anna Wilkinson will spearhead several new projects to grow the Washington, D.C.-area company's outreach and public profile.

BusCon 2017 Has Plenty To Offer Limo And Bus Operators

If you're running a chauffeured transportation or motorcoach service, then you'll find more helpful resources at this year's expo.

Nominate Now (Yourself?) For People's Choice Awards

The awards at LCT East is your chance to be recognized by the industry for being an innovator, entrepreneur, or humanitarian.

Operators Air Out A List Of Leading Concerns

The Greater California Livery Association deployed a new format that got members talking about challenges and problems.

Lindsey Limousine Wins “Best Limousine Company”

The growing Hartford, Conn. operation scores No. 1 on two noteworthy local business lists.

See More News

Facebook Comments ()

Comments (0)

Post a Comment

Submit

Blog

See More

LCT Store

LCT Magazine - July 2017 $12.95 COVER STORY: * Why These Titans Work So Hard to Give it Away * *



Connect

Experience the three annual industry events for networking for business, showcasing vehicles and products, and getting the tools for success.

Read About Your Region

What’s Happening Near You?
Click on any state to see the latest industry news and events in that region.

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Metro Magazine

Serving the bus and passenger rail industries for more than a century

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

Please sign in or register to .    Close