Amazing Opportunity! Fleet Of 20 TLC Licenses

New York, NY
New York County

Asking Price: Annual Revenue:
$899,000 $450,000

Services: Taxi, Limo, & Passenger Transportation

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RE: Amazing Opportunity! Fleet Of 20 TLC Licenses Broker: Jason Napolitano

Quick Facts

Asking Price: $899,000
Annual Revenue: $450,000
Net Profit: Not Disclosed
Cash Flow: $194,520
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 3
Employees: Not Disclosed
BBN Listing #: 820435273
Broker Reference #: 12112

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Business Overview:

This 20-car fleet of TLC licensed cars is an opportunity that does not come along often. New York State has stopped issuing new TLC licenses. The cost of a TLC license is about $30,000 and the new owner will be getting 20, while also buying an established business making a great profit. All 20 of the cars for sale have been purchased in the last 3 years and are well maintained and have past numerous inspections. Each car has a rental contract for the next year in place with experienced drivers who have been through a rigorous process to ensure they have a great driving record. The company maintains a waiting list for additional drivers who are looking to rent these cars. This business is done completely over the phone so there is no need for the additional cost of an office. Every need has been covered by the owners as accounts are in place for discounts on repair work, maintenance and insurance all of which a new owner can take advantage from day one. The owners are willing to stay on for 3-4 months to show a buyer exactly how the business works. If you are looking for a great business that can be ran easily from home this is the business for you. Get in now as this opportunity will not last.

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Reason for Selling:

Other business interests.

Additional Details:

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

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