Non-emergency medical and taxi transportation company For Sale

16956

This is a long established passenger transportation company operating in a rural area, providing local and long distance taxi service as well as non-emergency medical transportation through state and federal contracts.  
-Strong sales and growth history with stable government contracts
-Fully staffed and turnkey with minimal day to day owner involvement required
-Fleet of 24 vehicles

Competition:

There is competition from TNC transportation services (Uber etc), but due to government contracts and a unique rural location the business is on solid ground.

Growth Potential:

Government contracts could be operated for more trips using existing fleet, and a larger operation could exploit this with a strong economy of scale.

Training/Support:

Some training will be needed, but the current owner is willing to remain available for up to a year in an advisory or employee capacity for a smooth transition. Current staff and managers can handle day to day operation of the business easily under any owner.

Seller Financing:

10% off asking for full payment at closing OR seller financing available - 70% down, 3yr terms

Sale Reason:

Owner Moving