Corbett Restaurant Group is a leading commercial real estate firm located in Boston that specializes in the sale and leasing of restaurants. Our experience and expertise make us an invaluable partner to have when buying or selling a restaurant on any level. Corbett Restaurant Group is a professional organization whose top priority is client service; we are firmly committed to confidentiality, integrity and excellence. Selling or buying a business is a major decision; you want the very best professional guidance available. Corbett Restaurant Group has dedicated itself to understanding the restaurant business and has discovered what it takes to bring buyers and sellers together within this industry. We drive each and every transaction through to an orderly close. As a trusted advisor, we provide the information and tools necessary for our clients to make the best decisions.
Seeking approximately $275,000 for 15 taxi licenses. Very reasonable price considering the great upside for this business. Business is located in Medford, MA, which is adjacent to the cities of Everett & Malden where both a casino and baseball stadium are to be built. The sale will include all 15 medallions along with a fleet of 5 vehicles operating in the City and 2-3 drivers. Our expenses are in line with any other taxi operation in terms of vehicle acquisition, payroll tax, maintenance, insurance, etc. Income spreadsheets for 2014 and YTD 2015 are available for review upon request. Should be noted that Medford Taxi has been a signature name in the city for 40 years and has upheld a solid reputation. A great opportunity for someone with taxi knowledge to restore a business to its maximum profitability. Once firm buyer in place, the process is to get approval through City Council.
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