Limousine And Taxi Service  •  $540,000

Location: San Mateo County
Seller: Michael Floorman
Phone: 408-385-0412

Business Summary
This Profitable Taxi & Limousine Business Was Established In 2001 And Has Since Been Consistently Growing. It Serves The County Of San Mateo And Surrounding Communities Offering Passenger Service To/From Home, Office, Hotel, Bart, And To Major Bay Area Airports. Business Holds Several Licenses And Permits Allowing For Additional Expansion And Growth. The Fleet Is Comprised Of 20 Well-Maintained Vehicles, Ranging From A Suv To Mpv’s; Including 2 Lincoln Town Cars And A 10 Passenger Limo. This Business Has Earned A Great Reputation From Their Excellent Service Giving Them A High Rate Of Repeat Customers, And Several Accounts. This Operation Can Be Run Remotely Or In Office, Very Flexible, With Low Overhead Due To Special Arrangement With Taxi Drivers. Business Is SBA Pre Approved Allowing A Qualified Buyer To Purchase Business For Only 116K Down. With An Adjusted Net Of Over 180K, New Owner May Recover Down Payment In 8 Months Of Operation. Owners Have Worked Very Hard To Make This A Profitable Business And Wish To See It Success In The Hands Of A New Owner. Owners Wish To Retire From This Industry To Pursue Personal & Business Interests Overseas.