Black Car Service for Sale in Kings County, NY - 28064 Business Type: misc. service/non-classifiable,other business services,passenger transportation / ambulette,professional services,passenger transportation / limo/ bus companies
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $875,000 | Down Payment | $550,000 |
| Gross Revenues | $1,000,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $300,276 | Number of FT Employees | Register Free to View |
Financing
$550,000 Down and $325K over terms TBD.
Business Description
Black Car Service w/ SHL and AAR. One of a kind business with multiple revenue streams.
There is the black car service with all TLC licenses for the 5 Boroughs,
including an SHL endorsement for Green Cabs with wheelchair access.
This is very rare.
Even better, they have a contract with NYC Transit for the Access-A-Ride (AAR) program.
They accept medicaid and are contracted with 99% of medical insurances and brokers.
They have a total of 13 vehicles (4 offer wheelchair access).
THE VEHICLES ARE INCLUDED IN THE ASKING PRICE! In 2016, gross sales were approx. $1,000,000.00 with a net cash flow of approx. $300k. The owner may consider owner financing for a qualified buyer with some business experience and at least $875K in liquid funds. Proof of funds will be required before a P&L or meeting will be set. If you meet the criteria, please call 1-877-735-5224 for further information.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
Attention Business Owners:
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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