Well Known Local Cab Company
Let this established cab company drive you to new opportunities! In business for 25+ years, this cab agency specializes in 24/7 reliable transportation and medical delivery services in partnership with local hospitals. With special emphasis placed on valuing every client and providing clean, safe vehicles with top-notch drivers, this business has a loyal client base of 80% repeat customers. The owner is willing to train for 1-2 months at no cost and is selling for family reasons. Real estate can be included in the sale.
| PRICE: | $93,975 |
| REVENUE: | $415,292.50 |
| EBITDA: | $55,533.50 |
| LOCATION: | Located in the New Orleans metropolitan area. |
| INDUSTRY: | Transportation |
| LISTING #: | 6605 |
| LISTED BY: | Michelle Seiler Tucker |
| REVENUE: | $415,292.50 |
| EBITDA: | $55,533.50 |
| SELLER FINANCING: | No |
| PRICE: | $93,975 |
| DOWN PAYMENT: | Undisclosed |
| LENDER PREQUALIFIED: | Yes |
| YEARS IN BUSINESS: | 25+ |
| INVENTORY: | |
| ACCOUNTS RECEIVABLE: | Included |
| FF&E: | Included |
| REAL ESTATE PRICE: | 375,000 |
| REAL ESTATE INCLUDED: | Yes |
| FACILITIES: | The facility consists of a 3,009 square foot office warehouse built in 2006. The building is composed of 1,006 square feet or 33% of finished office area with the rest being warehouse area. The building is a steel frame construction, front stucco façade, metal side and rear exterior walls, a pitched metal roof, and is situated on a concrete slab foundation. The office is computerized. |
| LEASE TERMS: | N/A, the property is owned. |
| IP: |
| REASON FOR SELLING: | Owner is selling for family reasons. |
| TRAINING PERIOD: | Seller will train for 1-2 months |
| RELOCATABLE: | No |
| NO OF LOCATIONS: | 1 |
| EMPLOYEES: | Currently employs 14 cab drivers, and a mechanic. There are 3 key employees- one full time and two part time. |
| CONTRACT STAFF: | |
| MANAGEMENT TEAM: | Yes |
| PARTNERS: | No |
The medical courier market is growing worldwide due to higher trends in the same day delivery and express delivery segment. The increasing need for samples and equipment in pharmaceuticals and biotechnology industries will enhance the expansion of the medical courier market globally. Various multinational medical courier services are beginning to offer 24/7 or STAT services with more safety and shorter response times. On time delivery is key to medical couriers since items such as organs samples are unusable if not delivered on time. Growing need for organ transplants is a huge factor in the continuing growth of the medical courier market.
The medical courier service industry shows promising growth in the pharmaceutical and biotech segments. Manufacturers and distributors are hiring third-party services with lower rates compared to conventional in-house shipping costs. The hospitals and clinics segment is expected to take over the market over the forecast period due to rising demand and adoption of medical supplies by healthcare facilities.
Seiler Tucker Incorporated is America's Premier Merger & Acquisition Advisor. We are the expert business authorities in buying, selling, fixing and growing companies. We close 99% of all offers. We have thousands of buyers! Michelle Seiler Tucker is the Founder and CEO. She has sold over 500 businesses to date and currently owns and operated several successful businesses. Michelle continues to help buyers from all walks of life buy the American Dream, create financial freedom, be their own boss, and obtain a better quality of life.