Taxi and Limousine Business - Business for Sale

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Taxi and Limousine Service in Monmouth County, NJ

NJ, US
Added today
Transportation

Taxi and limousine service business operating for 50 years in Monmouth County, New Jersey, with 18 drivers, 8 vehicles, and a customer file of 6,000 clients.

Key Information

Asking

$275K

Revenue

$600K

Earnings

$140K

Multiple

2.0x

Key Highlights

  • Business has been operating for 50 years.
  • Located in Monmouth County, NJ.
  • Business employs 18 drivers and has 8 cars in use.
  • Payroll totals $300,000 annually: $80,000 for office staff and $220,000 for drivers.
  • Customer file contains 6,000 customers.
  • Current lease is month-to-month; new buyer may secure a 5-year lease with a 5-year option.

Contact Info

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