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!
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