Business For Sale

Established Taxi and Limousine Business-30853

Not Disclosed, NJ
Hudson County

Hudson County, New Jersey


Asking Price: Annual Revenue:
$730,000 $250,000

Services: Taxi, Limo, & Passenger Transportation


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RE: Established Taxi and Limousine Business-30853 Broker: Gerald Nimberg
Owner Financing is Available!
650,000.00 Down & terms to be determined

Quick Facts

Asking Price: $730,000
Annual Revenue: $250,000
Net Profit: Not Disclosed
Cash Flow: $92,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 76034447
Broker Reference #: 30853

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Business Overview:

Unaffected by Uber, one of the oldest and finest taxi and limousine services in Hudson County is up for sale. Unlike its competition, it provides service in less than fifteen minutes all the time; its drivers know the area they cover to the block and almost to the house eliminating dependence on a GPS so there are no missed or delayed pick-ups. An experienced crew of drivers speak, Spanish, Arabic and English. It accepts cash and all forms of payment; no need for a credit card or advanced booking. After 62 years in business, this company's presence in the community and its name, reputation and phone numbers are welcomed in the community. Vehicles are owned by the company and leased to the drivers. The company provides the vehicles, licenses, dispatching, insurance, routine maintenance and social media advertising. Repair work when needed is provided by a part-timer. All else is paid for by the drivers. Owner wishes to retire. Seller financing available to a qualified Buyer. Please contact the broker at 1-877-735-5224.

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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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Disclaimer:

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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