Taxi Service And Non Emergency Medical Transport In Suffolk County For Sale

Overview

  • Business services, Services
  • Property Type

Description


Suffolk County,
New York, US

Asking Price:


$345,000

Sales Revenue:

$600,000

Cash Flow:

$130,000

Fantastic Taxi & Non-Emergency Medical Passenger Transportation. Price reduced! Owner selling due to health issues. This business was originally established as a Suffolk County taxi service 7 years ago. They built a great name based on quality service. Several years ago they secured a contract with Medicaid to provide non-emergency medical transport as well. This is a great add-on to an existing ambulette service or black car service seeking to secure Medicaid related work. Business was down in 2020 due to Covid, but has seen a strong bounce back with a continued upward growth in 2021 and YTD 2022. This is with sharply reduced taxi hours since 2020. They currently operate from 6am-6pm as opposed to the 24 hrs. of operation in 2019. The taxi demand continues to grow so hours should be extended by a new owner. In the past year the business grossed total documented sales of approx. $600,000.00 with an owner’s cash flow of approx. $130,000.00. That does not include all taxi sales, which would be additional and can be explained to a buyer in a face to face meeting. The sale price includes 8 fully licensed and insured vehicles (7 sedans and 1 minivan). All vehicles are regularly maintained and in good working order. The business is also fully-staffed with 11 FT employees. We are seeking a serious and financially qualified buyer with at least $245K in liquid funds to cover the down payment. To learn more, please call, text or email Mel Vaz today. All meetings must be scheduled by appointment only!

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 to discover the difference that is Vested Business Brokers.

Business Operation

Reasons for selling:

Poor Health

Employees:
11FT
Years established:
2016

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

245,000.00 Down & 100K over 3 years @ 6% interest with collateral and a PG.

Relocatable:
This business can be relocated.



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Address

  • State/county New York
  • Country United States

Details

Updated on January 13, 2023 at 1:41 am
  • Property Type: Business services, Services
  • Property Status: For Sale

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