Transportation and Van Leasing Company

Not Disclosed, LA

Asking Price: Annual Revenue:
$613,975 $861,093

Services: Taxi, Limo, & Passenger Transportation

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RE: Transportation and Van Leasing Company Broker: Michelle Seiler Tucker
Owner Financing is Available!

Quick Facts

Asking Price: $613,975
Annual Revenue: $861,093
Net Profit: $252,331
Cash Flow: $252,331
Total Debt: Not Disclosed
FF&E: $189,341
Real Estate: $400,000
Year Established: Cab, 1987. Van Leasing,1999.
Employees: 20
BBN Listing #: 120353282
Broker Reference #: 7700

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Business Overview:

Let this reputable New Orleans Area taxi cab and van leasing company drive your profits up!

In business for 25+ years, this cab agency specializes in 24/7 reliable transportation and medical delivery services in partnership with local hospitals. With special emphasis placed on valuing every client and providing clean, safe vehicles with top-notch drivers, this business has a loyal client base of 80% repeat customers.

The locally owned and operated van leasing agency has been in business for decades. The Company specializes in leasing vans to corporations that need to transport employees. With a vast knowledge of the routes and areas, the Company has built a loyal client base of satisfied and returning customers. 90% of the Company's sales come from repeat customers.

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Property Features and Assets:

The facility is for sale and is in excellent condition

Market Competition and Expansion:

Expansion:The medical courier market is growing worldwide due to higher trends in the same day delivery and express delivery segment. The increasing need for samples and equipment in pharmaceuticals and biotechnology industries will enhance the expansion of the medical courier market globally. Various multinational medical courier services are beginning to offer 24/7 or STAT services with more safety and shorter response times. On time delivery is key to medical couriers since items such as organs samples are unusable if not delivered on time. Growing need for organ transplants is a huge factor in the continuing growth of the medical courier market. The carsharing market is projected to grow to $11 billion by 2024 according to a research report by Global Market Insights, Inc. Fleet size and number of members will grow at around 20% CAGR worldwide. Carsharing could potentially reduce the cost of transportation significantly for commuters. According to the Transportation Sustainability Research Center, car sharing members in the US save $154 to $435 monthly compared to people who own and operate their own vehicles. Additionally, car sharing can help save commuters from the hassle of arranging and paying for parking spaces and maintaining the insurance cover.

Reason for Selling:

The owners are selling due to family reasons.

Additional Details:

  • The property is owned.
  • 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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