Unique Passenger Transportation business

Alberta
listing image
Asking Price:$269,400
Gross Revenue:$284,984
Rent:$3,127.84
Cash Flow:$101,000
Inventory:$100,000
BUSINESS DESCRIPTION

Make the responsible choice to get your vehicle home safely!

Here is something out-of-the-box. If you are curious, please reach out. I would be happy to discuss this business with you and clarify any questions you may have.

Get your vehicle home safely!

This well-established, superbly branded, industry leader offers a vital and necessary service to drivers that are making the responsible choice.

Based in Calgary and operating for over 20 years, this designated driver service presents an exceptional business opportunity for aspiring entrepreneurs. With a proven track record and recognized name, this company is primed for expansion. Added bonus: The franchise legal framework and related documents that the company used successfully in the past is included in the sale to get you on your way should you wish to expand through franchise (optional).

Key Features:

Branding: This designated driver service has built a trademarked and familiar brand.

Turnkey Operation: The company operates in Calgary. With its centralized dispatch and network of sub-contracted driver teams, everything is in place to continue operations seamlessly from day one.

Market: The designated driver service industry benefits from increasing awareness of responsible drinking and strict impaired driving laws. Other trends, including cannabis legalization and growing vehicle theft and damage claims, increase the need for drivers to get their vehicles home safely.

Scalability and Flexibility: Driver teams own their vehicles so the capacity of this business can be expanded by contracting additional drivers. There are no current franchisees in operation but the company has enjoyed success selling franchise locations in the past and would be happy to discuss these experiences. This listing includes the legal franchise framework they used including operations manuals. You have the freedom to tailor your growth strategy to suit your preferences and market conditions. The dispatch software the company uses enables centralized dispatch which is a value-added service to potential franchisees anywhere in Canada.

Experience: The current owners would like to retire but are able to offer a wealth of information to the buyer, in particular as relates to past marketing successes, areas for potential new service additions and operational advice.

Opportunity Overview:

The company reports net revenues on its financials; therefore, revenues shown are AFTER the sub-contracted drivers have been paid.

The well-equipped Calgary head office is large enough to accommodate expansion or excess space could be sublet. Clients do not visit the office so it is able to be conveniently located for staff yet reasonable rent.

Sale price also includes significant consumable inventories ($50-$100K) in the form of printed materials and branded items used in the company’s marketing programs.

Don't miss your chance to own this unique passenger transportation and designated driver service. If you're passionate about helping clients make the responsible choice to get their vehicle home safely, this opportunity awaits you. Contact us now for more information and to explore the possibilities.

Note: For confidentiality reasons, certain details about the business have been omitted. A non-disclosure agreement (NDA) is required to access more complete information.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,282
Lease Expiration
30/07/2028
Employees
3
Facilities
Established in 1997 in Calgary. Franchise sales commenced in 1999. No franchisees are currently operating, providing an opportunity for the buyer to shape the growth of the company whether by franchise or not.
Competition
While competitors exist, they are typically smaller and as few as one vehicle team resulting in unpredictable availability and inconsistent customer service.
Growth & Expansion
The company performed at a much higher level pre Covid-19. The brand is very well known in Calgary but the potential will be in marketing to remind people of the service, expansion of the driver network and potential expansion into other Cities. The franchise legal framework has been tested in the past in Ontario, Manitoba, Saskatchwan, Alberta and BC though currently there are no active franchises.
Support & Training
4 weeks
Reason for Selling
retirement
Report an Issue with this listing
profile-img
Paul
Robinson
logo-img
Paul Robinson