54-Year-Old NYC Car Service! Only 100k Down!

NOT DISCLOSED, New York

Asking Price $175,000 Year Established 1969
Annual Revenue $146,640 Reason for Selling Relocation  
Annual P/L Attention Elliot Dweck
Annual Cash Flow $78,040 Listing Number 638018  
# of Employees 1 Business Category Services: Taxi, Limo, & Passenger Transportation

Business Overview:

Operating in the same Bronx neighborhood for 54 years with the same easy-to-remember phone number, this community landmark business is 100% cash!

Business is managed through a “Uber-like” app which can be run remotely.

Huge potential upside by accepting Medicaid as payment.

Owner is relocating back to Puerto Rico and is very motivated to sell. He is willing to finance 75k of the purchase price.

Property Features and Assets:

Monthly Rent: $1,400.00 Square Units (Foot, Meter): 300 Lease Expiration Date: December 15, 2025, 12:00:00 AM

Market Competition and Expansion:

Additional Details:

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

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