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20 Vehicle Taxi & Non-Emergency Medical Transport Business

Price: $800,000

Location: Nueces County, Texas

Industry: Transportation and Storage

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!
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.

Listing Details

Total Sales: $906,979

Cash Flow: $233,150

FFE: $400,000 (Included in Price)

Reason For Sale:

Semi-Retirement and Re-Location

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: 8FT + Drivers

Location

Facilities Information:

The location sits on .88+/- acres, concrete and asphalt, centrally located to the service areas with easy access for the drivers. The building consists of offices and 3 maintenance bays with lifts. Fiber optics have been installed to speed the transmission of information/dispatch. Back-up Generator in place to keep the operations running if needed. Total of 2,532 sf, metal structure, insulated, climate controlled.

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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