Business Summary

Financials
Asking: $229,000

Gross: $220,000
Cash Flow: $165,000

Summary Description
This is an established taxi company with 12 medallons and drivers. There are mini vans and sedans Each driver pay the owner a weekly amount of $360 to operate the vehicle. They are their own bosses are are responsible for gas, tolls The central dispatch gives the driver a customer on a rotating order who ever is in the area. the driver also does his own fare and keeps the entire fare. Many of the drivers have been with him for 6-7 years. The owners responsibility is for liability insurance and maintenance on the vehicles. The only expenses are Insurance of $52,000 repairs $20,000, cell phone $10,000

General Information
Year Established: 2000
Employees: 4

Market Outlook
Competition: Not much competition, because he owns most of the taxi medellons in this south shore community.

Growth and Expansion: Using the taxi company as a base. There is room for expansion by adding limousines, medical transportation services.

About the Sale
Financing: none
Reason Selling: Wants to purchase a different kind of business

Property Details