Taxi Cab Company In Northeastern College Town
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $2400000
Net Profit / Cash Flow $300000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1990
Number of Employees 50 - 99
Relocatable No
Number of Employees 50 - 99
Real Estate Owned
Training Seller will support as necessary.
Reason for Sale Retirement.
Description TAXICAB/MEDICAL TRANSPORATION/COURIER COMPANY FOR SALE WITH DOMINANT MARKET SHARE IN COLLEGE TOWN OF NORTHEASTERN STATE. This is an established Taxi company who was acquired in 1995 by its current owners and has been consistently operated profitably every since. The company services its market on a 24 x 7 basis year-round. The company has dominating position in its market after its only competitor went out of business. It services a college town with steady growth (in fact it is considered one of the leading towns in the Northeast when it comes to growth and low level of un-employment.). This college town also has a healthy real estate market. In addition to the traditional taxi services the company also provides Package Delivery, Medical Transportation and Ground Transportation for the regional airport. The company owns a fleet of Taxicabs (sedans and minivans), 1 courier Van for local and regional small package delivery, and 1 Town Car for Corporate Black Car Service. The company employees 50+ drivers (there is ample supply of qualified drivers in the community), 4 to 5 dispatchers and 2 mechanics. In addition the company employees office staff that is willing to stay with the new owner.
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