Cab & Transportation Business in Nassau-28990

Not Disclosed, NY
Nassau County


Asking Price: Annual Revenue:
$299,000 $1,700,000

Services: Taxi, Limo, & Passenger Transportation


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RE: Cab & Transportation Business in Nassau-28990 Broker: Boris Teodoro
Owner Financing is Available!
$299,900.00 Down

Quick Facts

Asking Price: $299,000
Annual Revenue: $1,700,000
Net Profit: Not Disclosed
Cash Flow: $275,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 93884447
Broker Reference #: 28990

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Business Overview:

One of Long Island's most respected cab and transportation services. PROVABLE NUMBERS. Well-established with all new vehicles. Great, growing location. This is a "once in a lifetime" deal. This listing will not last. Key spots at major locations with special parking. Two locations and just under 20 cars. No more medallions you available in the area. This is a money-maker from a fairly absentee seller. Once you learn the business you can run it remotely. Full staff in place, knowledgeable dispatchers, bookkeepers, and secretaries ready to run the business for you. Drivers are 1099. Every last penny going in and out is accounted for. Security cameras in place, cars are tracked. This business has many advantages over Uber and Lyft, one being its strategic locations. This business is very easy to grow. The seller is not the face of the business, so a new owner will have a smooth transition without compromising sales. MUST SELL. SELLER RETIRING. Seller will provide a 30-day transition at minimum. Real estate also available from seller. Contact Boris Teodoro for more information. Please use email reply button of this ad to contact us.

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Reason for Selling:

Relocating

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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