Hudson County, NJ Limo and Passenger Transportation Businesses For Sale

Limo and Passenger TransportationNew JerseyHudson

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Established Taxi and Limousine Business Hudson County, NJ 30853Great opportunity!
$540,000Cash Flow: $240,000
Established Taxi and Limousine Business Hudson County, NJ 30853Great opportunity!

Hudson County, NJ

Unaffected by Uber, one of the oldest and finest taxi and limousine services in Hudson County is up for sale. Unlike its competition, it provides service in less than fifteen minutes all the time; its drivers know the area they cover to the block and almost to the house eliminating dependence on a GPS so there are no missed or delayed pick-ups. An experienced crew of drivers speak, Spanish, Arabic and English. It accepts cash and all forms of payment; no need for a credit card or advanced booking. After 62 years in business, this company's presence in the community and its name, reputation and phone numbers are welcomed in the community. Vehicles are owned by the company and leased to the drivers. The company provides the vehicles, licenses, dispatching, insurance, routine maintenance and social media advertising. Repair work when needed is provided by a part-timer. All else is paid for by the drivers. Owner wishes to retire. Seller financing available to a qualified Buyer.

Medical Transportation Business-Hudson County - 30193
$1,500,000Cash Flow: $600,000
Medical Transportation Business-Hudson County - 30193

Hudson County, NJ

This Hudson County, New Jersey medical transportation business transports patients to and from treatment facilities. Trips are assigned to each transportation company in the United States by a national agency, established for that purpose. The company has an impressive fleet of 15 vehicles, including 11 wheelchair vans and three minivans, and is licensed to operate throughout the state. Highly profitable as it is, this company brings not only value for its price, but unprecedented growth opportunity. The medical transportation business is a fragmented industry, served predominantly by small private businesses. In this industry, the need for this service is not being met, as demand is far greater than supply. A buyer can grow this business by adding additional routes, judiciously to existing routes, or by adding one vehicle and driver. He can also grow exponentially by adding days of service, ambulance service, operating in additional counties, and rolling up smaller companies through acquisition. The marketplace will more than accommodate. Less than three years old, this company has doubled the size of its fleet and, in the process, tripled its profits. It is difficult to imagine a business that offers more value for its price and greater growth opportunity. Please contact the broker.


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