Taxi and Limo Business

Monmouth County, NJ

Seller Financing Available
Taxi and Limo Business
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Asking Price: $275,000

Cash Flow: $140,000

Gross Revenue: $600,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Taxi and Limo Business

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Business Description

Well-established 50 year old business in a very good Monmouth County town. Seller has 18 drivers and 8 cars in use. Seller also has a file with 6,000 customers. Currently renting on a month to month basis - new buyer should be able to get a 5 yr lease + 5 yr option. $300,000 payroll consists of $80,000 for office and $220,000 for drivers.

Detailed Information

Financing:
2-3 years at prime rate
Support & Training:
2 weeks
Reason for Selling:
Retirement
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Howard Goldberg

Business Listed By:
Howard Goldberg

Executive Business Brokers

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Sponsoring Broker:
Larry Bodner

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