20 Vehicle Taxi and Non-Emergency Medical Transport Business

Listing ID: 1589993
Price: $800,000
Location: Texas
DESCRIPTION:

This established Non-Emergency Medical Transport and Taxicab 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!

LISTING DETAILS:
Total Sales: $906,979
Cash Flow: $233,150
FFE: $400,000
Reaseon For Sale:

Retirement

Training & Support:

Owners willing to provide 30 days during the transition. Current General Manager and Office Manager are willing to stay with new owner.

OPERATION:
Year Established: 2004
Employees: 8 + Drivers
LOCATION:
Square Footage: 2532 sq.ft
SUMMARY:
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....).

Potential Growth:

Continue to grow the commercial and healthcare services accounts. Expand transportation services to include courier services.

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