Large Taxi Cab Company In New Orleans Metro For Sale

Business description

This decades old large taxi cab company is a rare opportunity to purchase a profitable business with great potential and little competition. Cab company currently has over 100 licenses in an area with a moratorium on any new licenses, making them very valuable to own. Company has multiple cab service telephone numbers which have been established for decades. Business is very well known and very well established in its community. Company has an FCC dispatch radio license that is grandfathered (FCC is no longer issuing new ones). There are both company owned cabs and owner operated cabs. The dispatch office is included in the sale with radio dispatch tower and all equipment.
Business owns a full service mechanic shop with land that is included in the sale. Shop is equipped to do everything needed for cab maintenance and setup and has all equipment needed to do auto repair. The business is located in the New Orleans Metro area of Louisiana, a very densely populated major metropolitan city with an abundance of tourism and major international airport. A taxi cab business can thrive with this potential.
Currently, the business is only running at a portion of its licensing capacity and can easily be expanded to over 100 cabs with a motivated owner. Shop business could easily be expanded as well. Current owner wishes to sell for health reasons and is ready for retirement. Seller is highly motivated and will train the new owner and transition the business accordingly. To receive more information on this rare business opportunity please contact Sunbelt immediately. This prospect will not last long!

Property information

Real Estate:

Real Property Included

Premises details:

$N/A

Other information

Reasons for selling:

Retirement

Trading hours:

Days: 7 days, Hours: 24 hours

Financing available:

Downpayment Required: $0
Monthly Payroll: $5,000

Furniture / Fixtures value:

$80,000 (included in the asking price)

Inventory / Stock value:

$100,000 (included in the asking price)