20 Vehicle Transport Co, Insurance, Corporate & Private Customers

Nueces County, TX

Seller Financing Available
20 Vehicle Transport Co, Insurance, Corporate & Private Customers
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Asking Price: $550,000

Cash Flow: $197,009

Gross Revenue: $904,165

EBITDA: N/A

FF&E: $450,000

Inventory: N/A

Real Estate: N/A

Established: 2004

20 Vehicle Transport Co, Insurance, Corporate & Private Customers

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Business Description

Asking price is very close to the value of the assets, (20+ vehicles, some with wheel chair lifts, in-car tablets, mileage meters, credit card readers, office dispatch equipment, garage lifts and maintenance tools, plus the value of the 3 branded DBA names and non-compete)!!!

This established Personnel Transport Company has the largest fleet in the metro area it services. Established Vendor for the Non-Emergency Medical Transport insurance companies. Multiple Branded DBA names operated under the same ownership. Great revenue streams from private, commercial business, and insurance accounts. Live local dispatchers and on-site mechanics. Fiber-optics lines and use of in-car technology to improve customer service and efficiencies. Multiple models of vehicles used; hybrids, sedans, cross-overs, passenger vans, and handicapped vans with wheel chair ramps & lifts. Uber & Lyft do not largely compete with this company as it focuses a great deal on commercial and healthcare services. Uber & Lyft are restricted to special staging areas separate from curbside taxicab areas at airports, hotels, cruise ship ports, military bases, government owned properties, etc. Try to "street hail" an Uber or Lyft!
Located in a growing city with a top ten ranking as a vacation and travel destination plus retirement living.
This is a GREAT opportunity for expansion of your existing business or, as an owner-operator. The current owner is semi-absentee.
Real Estate is available for Lease or Purchase, (NOTE: Cashflow allots $48k in rent).

Detailed Information

Real Estate:
Owned
Building SF:
2,500
Employees:
8 + Drivers
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Centrally located to the service areas with easy access for the drivers. Offices and 3 maintenance bays with lifts. Fiber optics have been installed to speed the transmission of information/dispatch. Back-up Generator. 2,532 sf, metal structure, insulated, climate controlled.
Competition:
Local competition consists of a couple smaller fleet taxicab companies. Uber is present but is higher priced and focusses on personal taxicab services with limited access to the same staging locations as this transportation service company (airports, ship ports, federal owned properties, downtown hotels, etc....).
Growth & Expansion:
Continue to grow the commercial and healthcare services accounts. Expand transportation services to include courier services.
Support & Training:
30 days during the transition. Current General Manager and Office Manager are willing to stay with new owner.
Reason for Selling:
Health
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Contact the Seller

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Daren Henson

Business Listed By:
Daren Henson

Patriot Mergers & Acquisitions

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Memberships & Certifications:
The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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