Black Car Service with SHL and AAR-28064

Kings County, NY
Kings County

Asking Price: Annual Revenue:
$1,200,000 $1,040,000

Services: Taxi, Limo, & Passenger Transportation

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RE: Black Car Service with SHL and AAR-28064 Broker: Melvin L. Vaz

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $1,040,000
Net Profit: Not Disclosed
Cash Flow: $333,276
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 23494447
Broker Reference #: 28064

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Business Overview:

Black Car Service with SHL and AAR. One of a kind business with multiple revenue streams. There is the black car service with all TLC licenses for the 5 Boroughs, including an SHL endorsement for Green Cabs with wheelchair access. This is very rare. Even better, they have a contract with NYC Transit for the Access-A-Ride (AAR) program. They accept medicaid and are contracted with 99% of medical insurances and brokers. They have a total of 23 vehicles (15 offer wheelchair access). In 2015, gross sales were approx. $1,040,000.00 with a net cash flow of approximately $333,276.00. The business has seen consistent growth year after year. The owner may consider owner financing for a qualified buyer with some business experience and at least $800K in liquid funds. Proof of funds will be required before a P&L or meeting will be set. If you meet the criteria, please contact us for further information.

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Reason for Selling:

Other Business Interests

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.

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