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Taxi And Transportation Business with $2M Real Estate

Simcoe, ON, CAN
Listed 19 days ago

An established, award-winning taxi and transportation company in Simcoe County is available for acquisition, offering a combination of an operating business, significant real estate, residential rental units and approximately $300,000 in vehicles and equipment. Established in 2010, the company serves a diversified customer base consisting of government, institutional, corporate and general-public customers. Long-standing accounts include colleges, hospitals, municipalities, Ontario Works, ODSP, Canada Post, YMCA and other organizations. They have been voted Reader’s Choice for multiple consecutive years. Included in the offering at $3.25M: With only one primary competitor and limited feasibility for rideshare penetration in this market, the business offers strong defensibility and reliable margins. Growth opportunities include expanding service coverage into nearby urban/small-town markets and increasing contracted work. The current owner will support a smooth handover to the new owners and provide training and support. Buyer Financing Support We work closely with lenders to help qualified buyers secure funding.

Employees

7

Owner Financing

Owner financing is available. Please contact the seller for more information.

Years Established

14

Support & Training

Yes 3 full months

Inventory / Stock Value

$5,000 (CAD) - included in the asking price

Reason for Selling

Retirement.

Financials

Asking Price
$3.3M
RevenueMost Recent Year
$2.0M
Earnings (SDE)Last Reported
$398K
Assets ValueIncluded in Asking Price
$300K
Seller Financing
Yes

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