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Suffolk Taxi Company with Gov't Contracts & Tremendous Cashflow over $140,000 a Year
New york (Suffolk)

Disclaimer

Disclaimer: The financial information herein has been provided by the seller. East Coast stores or east coast business brokers or its brokers make no claim to have verified this information. We recommend that the buyer conduct his own do diligence and perform the financial verification needed to conclude any due diligence. The buyer understands that they will hold ECS or ECBB harmless of any claims resulting in misrepresentation by the seller.

Property Information

Listing Number:
11921
Business Type:
Established Businesses
Business Category:
Passenger Transportation/Ambulette
State:
New york
County:
Suffolk

Other Information

Financial Information

Asking Price:
$220,000
Gross Income:
$400,000
Cash Flow:
$148,305
Seller Financing:
 

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Business Description

Once in a lifetime opportunity to jump into the drivers seat of a Taxi and Medicaid Transport company.  The purchase of this company includes eight vehicles valued at approx $56,000.  This passenger transport company has been two major government contracts for Medicaid patient appointment transport and did $235,000 in 2020, it did $370,000 in 2019, and they received $450,000 in 2018.  Besides the government checks they receive, the company does an additional $165,000 in Net cash business from regular airport and local pick-ups, making the 2020 gross profit $400,000.  This is a great opportunity for someone to expand this business with more cars and take this business to the next level.  These government contract do not expire.  They have 8 drivers for the 8 vehicles and 4 office personel.  Owner also drives and takes a salary in addition to the profit shown.

If you are interested in listing your business with East Coast Stores, obtaining a free valuation OR if you would like to earn a referral fee and know someone who would like to sell, contact us at Listings@eastcoaststores.com. We accept quality listings!

Listing Number : 11921

Business Listed By

Bob Patel

Email this List   5163421648
Email this List   917-642-6400
Email this List   bob@eastcoastbusinessbrokers.com
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