Successful Taxicab Co., 2.7 M Customers FBO

CO

Successful Taxicab Co., 2.7 M Customers FBO

Asking Price:$8,250,000

Cash Flow:N/A

Gross Revenue:$7,900,000

EBITDA:N/A

FF&E:$112,000

Inventory:$420,000

Established:1995

Successful Taxicab Co., 2.7 M Customers FBO

Get Financing Save Print Share Valuation Report

Business Description

Established 1995, this highly successful taxicab company serves a greater metropolitan area of 2.7 million people. Known for superior customer service, this company has maintained almost every commercial account that it acquired over its long history. Strategically focused on the dispatch market, their key clients include hotels, restaurants, bars and residential customers. This company holds 550 PUC licensed vehicle permits. That means if two shifts were run per day a total of 1,100 cabs could be on the road each day. Gross Income for 2015 was $7,910,000 which was approximately a 36% increase over 2014 ($5,800,000) and a 32% increase over 2013 ($5,980,000). All the Divers provide their own vehicle so this major expense is not the company’s. The Company is responsible for vehicle insurance, permitting, dispatching and bookkeeping.

Please note this is a confidential matter and no information will be provide until a Confidentiality Agreement (CA) and background information has been submitted. Please contract Mark Fouts at mfouts@dunton-commercial.com or 303-898-4700 to receive a CA and to learn more about this opportunity to purchase this thriving taxicab business.

Detailed Information

Inventory:
Included in asking price
Employees:
125/250
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Western U.S. Metro Area, Real Estate: 1.8 ac site plus 5,280 sf Bldg. Real Estate Not included in Sales Price.
Competition:
There are 3 other large taxicab companies that share this market. This company has the lowest published rates of its competitors
Growth & Expansion:
There is tremendous upside for someone that is tech savvy and aggressive in this 2.7 million person Market
Support & Training:
Seller will provide 4 weeks of training
Reason for Selling:
Owner is Retiring

Listing Statistics for Premium Members

Ad#:1258513 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Mark Fouts

Business Listed By:
Mark Fouts

Dunton Commercial Real Estate Company

Show Phone Number

View My Listings


Sponsoring Broker:
Danchen Astle

Find out more...

Get more details about this business.


Similar Listings