Request More Information Contact the Seller
- 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 |
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.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
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 overseasAdditional 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
Relevant Links:
- View more Tennessee businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information