Well Established Contract Based Transportation Service For Sale
| Asking Price: | $1,350,000 |
| Gross Revenue: | $2,021,525 |
| FF&E: | $300,000 |
| Cash Flow: | $441,887 |
| Inventory: | $5,000 |
| Established Year: | 2010 |
Pre-approved for financing. We help buyers seek financing with a minimum of 10% cash required.
Voted Reader’s Choice award for multiple years, this transportation service generates 70% of its revenue via government and long-standing corporate customers.
Accounts include colleges, hospitals, townships, Ontario Works and Ontario Disability Support Program, Canada Post, and YMCA to name a few.
Possibilities for growth are endless and the current owner will ensure a smooth transition to the new owners. Growth can also come from entering other similar urban/small towns nearby.
Given the presence of just one main competitor and the infeasibility of rideshare companies entering this market, it promises to be a stable and highly profitable investment for the new owners.
The business is run from two properties, and both are for sale - or the new owners will enjoy a long term, favourable lease with rights of first refusal on both properties.
There are a total of 4 apartment rentals available if both properties are purchased.
There is a manager in place as well as an experienced team of call takers, dispatchers, accounts receivable manager and mechanics.
$300k in assets included in the sale price.
