Uber / Black Car / SUV High End Transportation

Low angle view of black limousine in city at night
Asking Price:$150,000 Gross Income:$250,000 Cash Flow:$84,000
EBITDA:N/A FF&E:N/A Inventory:N/A
Real Estate:N/A Established:2013 Employees:6

Business Description

Ideal for someone with existing transportation experience or strategic acquisition, but also good for someone that wants a low stress operation. Current Seller only devotes about 20 hours max. per week, mainly on Uber proceed splits / dispatch / vehicle maintenance, etc....5 Vehicles presently, all black cars, current roster of operators rent out the vehicle on a weekly basis. Upside exists to add 2 more black cars & 1 SUV under the broader parent account being purchased. Buyer would be required to take over payments of existing fleet over and above the subject purchase price being paid - about $320k in A/P that runs about $8,400.00 per month. NDA is required for further details.

Additional Features

Facilities: Currently co-habitated with an insurance agency, but can be relocated anywhere. (Home Based)

Competition: Uber has closed down Los Angeles for new accounts, so the competition only exists with present day operators and other existing market participants.

Growth & Expansion: Opportunity exists to add 1 SUV and 2 Black cars.

Financing: $100k Cash Down, $50k Financed Over 25 Months at 0%!

Support & Training: As needed.

Reason for Selling: Focus on existing insurance operations.

Home-Based: This business is Home-Based

 

Ace Business Brokers NDA & Buyer Profile

 

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