Well Established Taxi / Shuttle Company
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $379000
Net Profit / Cash Flow $61000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1946
Number of Employees 1 - 3
Inventory 125000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Current owner seeking new business venture.
Description A Sixty year old Taxi business for sale in Ocean County, New Jersey. The business has a gross income of $379,000 and a yearly net income of $60,000 yearly. The business can be further improved with a marketing plan to increase passengers to and from the various NY, NJ airports, and offer a courier delivery service in the off season. This business has eight valuable Taxi licenses, and ten vehicles, (two fifteen passenger vans, five 8 passenger vans and three Taxis vehicles. The business is located in a shore area with substantial demand during the summer months. The vans are used to shuttle passengers up and down the avenue 24 hours per day during the season. This is a twelve month 365 day service with continued demand for its transportation service to the general community. The present owner is absent with minimal time devoted to the daily operation.
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