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Business for Sale Summary

Black Car Service w/ SHL and AAR - 28064

Business Type: adult homecare assisted living,healthcare related services,misc. servicel/non-classifiable,other business services,professional services,best deals!,new to market,passenger transportation / ambulette
Black Car Service w/ SHL and AAR
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Financial Information (non-confidential)

General Information
Asking Price $1,200,000 Down Payment $850,000
Gross Revenues $1,040,000 Lease Remaining Register Free to View
Owner’s Cash Flow $333,276 Number of FT Employees Register Free to View

Financing

$850,000 Down and Possible for a qualified buyer with at least $850K in liquid funds.

Business Description

Black Car Service w/ SHL and AAR. One of a kind business with multiple revenue streams. There is the black car service with all TLC licenses for the 5 Boroughs, including an SHL endorsement for Green Cabs with wheelchair access. This is very rare. Even better, they have a contract with NYC Transit for the Access-A-Ride (AAR) program. They accept medicaid and are contracted with 99% of medical insurances and brokers. They have a total of 23 vehicles (15 offer wheelchair access). In 2015, gross sales were approx. $1,040,000.00 with a net cash flow of approx. $333,276.00. The business has seen consistent growth year after year. The owner may consider owner financing for a qualified buyer with some business experience and at least $850K in liquid funds. Proof of funds will be required before a P&L or meeting will be set. If you meet the criteria, please call 1-877-735-5224 for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.