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Asking Price$550,000
Revenue$236,781 Established2010
Cash Flow$90,000 Employees8 part-time
FF&E$183,633* FranchiseNo
InventoryUndisclosed RelocatableYes
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Entrepreneurs Dream!!! This 6-year-old Taxi Service has name recognition in a prestigious resort community. Their professional look and service boasts class and style for their high end clients.  It is situated in a lucrative area that is estimated to receive 1.17M visits per year bringing in tourism revenues of $374.2M.  Growth in the Carolinas continues at a 5% rate year over year and the Raleigh airport has projected a 40% increase in the next 5 years.

They are centrally located between several airports and are the only Taxi service available 24/7.  Current team has 8 drivers, all with clean driving records that service single client transports to several corporate accounts. They have tripled in size in 3 years to meet the growing demand for Taxi services and continue to add vehicles as necessary.  

Recent website redesign and new mobile app have boost sales by 30%.  Demand for their services outside the local area and additional services such as daily group shuttle service and handicapped options makes this business scalable.  

They standout to local competitors due to their sharp appearance. Their clean newer inventory includes: a Porsche Cayenne, 2 Lincoln Town Cars, 2 Toyota Siennas, 1 Chevy Van, 2 Nissan Van (14 pax), and a Ford Van.  All assets are included in the sale.  Owner is ready to retire and will entertain all reasonable offers.  Please contact Shanon Madrid at 919-858-6853 or smadrid@sunbeltnetwork.com.

Required Licenses: State for hire tags
Competition:This Taxi service has a stellar record for appearance, service and reputation. They have met all requirements of the States with "For Hire" registration and approval. There are no true competitors of this caliber, however there are 4 services with more than 1 vehicle and 2 services with a single taxi. This is a very clean business.
Growth Potential:Business has tripled since 2010. Seller is operating at max capacity and is adding additional vehicles as demand continues. Expansion opportunities include: securing more corporate accounts; providing handicapped services; expanding the servicing distance to surrounding counties; and a designated shuttle route for commuters.
Training/Support:Owner will provide as much training and new buyer requires. Seller will consider managing the business for an absentee owner.
Seller Financing:Client will consider a Seller Finance Note.
Sale Reason:Retirement
Ad #86895
Seller Reference #DURHANC001-N12
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Contact This Seller
Shanon Madrid
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