Business For Sale

Entrenched Cab Company Profitable Since Inception

Santa Barbara, CA
Santa Barbara County

Asking Price: Annual Revenue:
$175,000 $96,000

Services: Travel Related Services

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RE: Entrenched Cab Company Profitable Since Inception Broker: Annabelle Brownell
License #: #01009458
Owner Financing is Available!
Seller will consider seller finance for a qualified buyer.

Quick Facts

Asking Price: $175,000
Annual Revenue: $96,000
Net Profit: Not Disclosed
Cash Flow: $32,000
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 2002
Employees: Not Disclosed
BBN Listing #: 897235994
Broker Reference #: WH0286

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Business Overview:

Established in 2002, this taxi service serves the affluent Santa Barbara community and has been growing since inception. Known for superior customer service, this company has maintained almost every commercial account it accrues. Strategically focused on the dispatch market, their key clients include hotels, restaurants, bars, and many residential customers.

Owners are tech-savvy and encourage smart phone billing. Drivers lease vehicles so that the company is not liable for payroll overhead or insurance, and bookkeeping is straightforward. Current fleet is comprised of 5 very well-maintained vehicles. This operation is very flexible and can be run remotely from a home office. Manager is in place for smooth transition. Owners have worked very hard to earn an outstanding reputation for punctual service and safe vehicles, and wish to see it succeed in the hands of a new owner. Opportunity exists for new owner to grow the fleet and harness mobile applications to further streamline operations and increase marketing and revenue.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button to receive a Confidentiality Agreement and to learn more about this opportunity to purchase this thriving taxi business.

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Property Features and Assets:

Remote Office / Home-Based

Market Competition and Expansion:

Company serves niche dispatch market versus walk-up. More consistent revenue and less employee turnover. Purchasing 2 more cabs for the fleet triggers ability to add one-touch summoning app to Smart Phone.

Reason for Selling:

Co-partner illness

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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