Suburban St Louis Tax Cab Company For Sale

Business description

This well run cab company is located in a thriving suburban area of St. Louis. The company can pickup and drop off passengers in both St. Louis County and the City of St. Louis. What separates this company from other taxicab companies is the non-emergency medical transportation service that it provides. That aspect of the business generates half of the Company's revenues. This can be detailed after a confidentiality agreement has been signed. The Company has 20 medallions which are issued by the City, and they are extremely valuable. In very large cities like New York, taxicab medallions can demand a market price as high as $500,000 each.

Property information

Location:

The business operates in a lower level office space.

Size in square feet:

400

Business Operation

Competition / Market:

Very little competition in the county where this business is located

Reasons for selling:

Seller wants to return to California

Trading hours:

24 hours a day 7 days a week

Employees:

26 FT

Years established:

6

Other information

Support & training:

Will train for 4 weeks @ no cost

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

$480k down/$720k for 60mo @ 7%

Furniture / Fixtures value:

$159,000 (included in the asking price)

Relocatable:

This business can be relocated.