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  • RE:  Private Transportation Service In Middle/East TN
  • Contact:  Michael Tidwell

Quick Facts

Asking Price: $175,000
Annual Revenue: $211,427
Net Profit: $85,151
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 2003
Employees: 11
BBN Listing #: 953121
Broker Reference #: 1234

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Business Overview:

An established and profitable private transportation service based in Middle/East Tennessee specializes in airport and medical appointment shuttle services. They are located in a retirement community and within close proximity to a sizable town. Their stellar reputation (5-star Google rating) is due to their guaranteed on-time arrivals and flexible schedule. There is an opportunity for growth with strategic social media marketing and involvement in the local community. The owner works approximately 10 - 15 hours each week. For additional information, please reach out.

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Market Competition and Expansion:

There is very little competition in the local market for ride services. A few individuals offer rides but are not official businesses with commercial insurance or the necessary licenses. Since they operate solo, they can only fulfill one trip at a time or even just one trip per day. Additionally, rideshare services are not direct competitors because they are only sometimes available in the area, are more expensive, and do not accept advance reservations.

Recommend investing more in social media advertising and outreach to help the business grow. Additionally, getting involved in the local community could be beneficial. The current absentee owner does not engage locally, but the business is located in a retirement area with a sizable town nearby so there are many opportunities for community involvement.

Reason for Selling:

An opportunity overseas

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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