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Established Taxi And Limousine Business In Hudson County For Sale

Hudson County, New Jersey, US
Asking Price:
$199,000 Inventory / Stock included
Sales Revenue:
$217,000
Cash Flow:
$120,000

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 speaks Spanish, Arabic and English.

It accepts cash and all forms of payment; there is 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.

Business Operation

Reasons for selling:

Retiring

Employees:
2FT

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

150,000.00 Down & 49K financed over 12 months at 5%