Owner Financing is Available!
Business Overview:
Steady corporate clients, keep the cash flow steady for this very profitable company. Many airport runs to Teterboro as well as all 3 major airports. Local taxi service adds additional revenue. Fleet consists of mostly Lincoln Town Cars all well maintained. All licenses up to date. Great office staff and dispatch. Loyal drivers. owner wants to sell and retire for health reasons. Partner retired a few years ago and he does not want to continue solo. This is a great business on the upswing.
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:
Centrally located to all major highways in NJ. Route 80, 4, GSP, NJTP. Facility has high visibility on a busy street. Rent of $ 2,800 monthly, includes apartment s above that you can rent out for additional revenue. Plenty of parking for vehicles.
Market Competition and Expansion:
This is a well known and established limo and taxi company Many corporate accounts yield a steady income. Some advertising years ago to get started. Wedding and Proms have not been a part of this service to date and marketing could capture this segment. Web based marketing would be a great addition.
Reason for Selling:
Owner retiring
Additional Details:
- The property is leased.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: