Owner Financing is Available
Business for Sale Overview:
A 60 year old Taxi / Shuttle business located 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 12 month/ 365 day service with a continued demand for its services to the general community. The present owner is absentee with minimal time devoted to the daily operation.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The facility which is located in the shore area is in a free standing building consisting of one office for the various dispatchers and ample parking for the vehicles. The monthly rent is $894.
Market Competition and Expansion:
There is great demand for transportation/shuttling services, in the area especially during the peak season. 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.
Reason for Selling:
Current owner is expanding into new business ventu
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.