Eleven brokers. Brokers are licensed realtors in multiple states. Specializing in closely held businesses. Massachusetts, Rhode Island, Connecticut, New York, and New Jersey. Specialists in working with first time buyers. Marine, Manufacturing, healthcare, staffing, and executive search. Strategy tactics include selling New England businesses to those from outside the New England region. Innovative. Confidential. Problem solving.
Seeking approximately $150,000 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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