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Financing: $4,500,000.00 Down and Reason for Selling:Retire Starting in 2021 with one TLC license and one Prius, the owner of this company recognized the lack of area transportation services during and following COVID and has developed this business in response. The result was a 26 vehicle, $3.6 million company for CY2025 climbing to 30-vehicles, $4.55 million for CY2026 based on achieved results through eight months and the growth in place. Its growth is fueled in part by the business it receives from as many as 14 nursing homes, most of which are under contract and its expansion into lucrative stretcher carrier work. The company offers taxicab and medical transportation in the 5- boroughs of New York and in Rockland and Westchester Counties. It has 10 TLC Licenses, Medicaid and NYDOT authorizations. Management structure includes dispatch, compliance, fleet management and secretarial. Billing is outsourced. The fleet is relatively new, many of the vehicles are 4 years old or newer. All income and expenses are reported and the business is financeable. Seller has other interests abroad. For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers Ltd at gnimberg@vestedbb.com
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. |
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
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