Established Private Transportation Service in Middle / East Tennessee

Asking Price$189,000

Cash Flow
$80,577
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$216,932

InventoryNot Disclosed

FF&E$23,000
Included in asking price
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Established Private Transportation Service in Middle / East Tennessee


Asking Price$189,000

Cash Flow
$80,577
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$216,932

InventoryNot Disclosed

FF&E$23,000
Included in asking price
Business Description
An established and profitable private transportation service based in Middle/East TN that specializes in airport and medical appointment shuttle services. They are located in a retirement community and within close proximity to a sizable town. Their stellar reputation (5 Star Google Rating) is due to their guaranteed on-time arrivals and flexible schedule. There is an opportunity for growth with strategic social media marketing and involvement in the local community. For additional information, please reach out.
About the Business
Years in Operation
22
Facilities & Assets
Independent Contractors (1099): 10
Market Outlook / Competition
There is very little competition in our local market for ride services. A few individuals offer rides but are not official businesses with commercial insurance or the necessary licenses. Since they operate solo, they can only fulfill one trip at a time. Additionally, ride share services are not direct competitors because they are only sometimes available in our area, are more expensive, and do not accept advance reservations.
Opportunities for Growth
The owner would recommend investing more in social media advertising and outreach to help the business grow. Additionally, getting involved in the local community could be beneficial. As an absentee owner, they currently do not engage locally but considering that they are located in a retirement area with a sizable town nearby, there are many opportunities for community involvement.
Real Estate
Owned or Leased
Leased
Rent
$60.00 per month
About the Sale
Seller Motivation
Other Interest
Transition Support
2 weeks
Listing Info
ID
2380756
Listing Views
274

Contact Seller

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Business Listed by: Michael Tidwell Nashville Business Brokers, LLC

Listing ID: 2380756 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.