Owner Financing is Available!
Business Overview:
A transportation Taxi and Shuttle business located near the Jersey shore in Monmouth County, New Jersey. This business opportunity includes taxi licenses and ten vehicles (2 fifteen passenger vans, 5 eight passenger vans and 3 taxis). The business is located near a shore area with a substantial customer demand during the summer months. The vans are used to shuttle passengers up and down a busy avenue 24 hours per day during the summer season. This is a twelve month, 365 day service with additional high volume business also coming from the nearby communities. The business produces a yearly gross income of $285,000 and a stable yearly net income. The business can be further improved with an updated marketing plan to increase passengers to and from the various NY and NJ airports along with a new courier delivery service in the off season. The present owner is absentee with minimal time devoted to the daily operation of the business. He now wishes to sell and will train a new operator. An excellent opportunity!
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:
Located in a commercial area of central New Jersey and services a wide area of multiple towns. The facility is in a free standing building consisting of one office for the various dispatchers and ample parking included for the vehicles. Existing month to month lease with a yearly rent of approximately $9,834 (includes water expense) is available for a new owner.
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 ventures
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.