High Percentage Contract Based Taxi Service For Sale
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Transportation and Mobility Business For Sale in Simcoe County, ON (Listing ID: 3909)
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Annual Earnings:
$441,887
Liquid Cash Invested:
$
Borrowed Amount:
$
Interest on Borrowed Amount:
%
Tagged Keywords
High Percentage Contract Based Taxi Service For Sale
Pre-approved for financing. We help buyers seek financing with a minimum of 10% cash required.
Voted Readers Choice award for multiple years, this taxi service generates 70% of its revenue via government and long-standing corporate customers.
Accounts include colleges, hospitals, townships, Ontario Works and Ontario Disability Support Program, Canada Post, and YMCA to name a few.
Possibilities for growth are endless and the current owner will ensure a smooth transition to the new owners. Growth can also come from entering other similar urban/small towns nearby.
Given the presence of just one main competitor and the infeasibility of rideshare companies entering this market, it promises to be a stable and highly profitable investment for the new owners.
The business is run from two properties, and both are for sale - or the new owners will enjoy a long term, favourable lease with rights of first refusal on both properties.
There are a total of 4 apartment rentals available if both properties are purchased.
There is a manager in place as well as an experienced team of call takers, dispatchers, accounts receivable manager and mechanics.
$300k in assets included in the price
$1,500,000 CAD
Simcoe County, ON Transportation and Mobility Business For Sale Details
Independent
Legal Body:
Incorporated
Established In:
2010
Last Year of Completed Statements
2023
Gross Revenue:
$ 2,021,525
Annual Earnings:
$ 441,887
Land/Building Included:
No
% of Business Selling:
100%
Reason for Sale:
Retirement
Financing Available:
Yes
Buyer does not need to have experience owning & operating a business or franchise.
Buyer does not need specific industry experience.
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