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Black Car Service w/ SHL and AAR. One of a kind business with multiple revenue streams. There is the black car service with all TLC licenses for the 5 Boroughs, including an SHL endorsement for Green Cabs with wheelchair access. This is very rare. Even better, they have a contract with NYC Transit for the Access-A-Ride (AAR) program. They accept medicaid and are contracted with 99% of medical insurances and brokers. They have a total of 13 vehicles (4 offer wheelchair access). The vehicles are included in the asking price! In 2016, gross sales were approx. $1,000,000.00 with a net cash flow of approx. $300k. The owner may consider owner financing for a qualified buyer with some business experience and at least $875K in liquid funds. Proof of funds will be required before a P&L or meeting will be set.
The seller will train the new owner.
550,000.00 Down & $325K over terms TBD.
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