Well Established Contract Based Transportation Service For Sale in Simcoe County

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Well Established Contract Based Transportation Service For Sale in Simcoe County

Well Established Contract Based Transportation Service For Sale in Simcoe County

Well Established Contract Based Transportation Service For Sale in Simcoe County

Well Established Contract Based Transportation Service For Sale in Simcoe County

Well Established Contract Based Transportation Service For Sale in Simcoe County

Well Established Contract Based Transportation Service For Sale in Simcoe County

Well Established Contract Based Transportation Service For Sale in Simcoe County

For Sale $ 1,350,000
LOCATION: Simcoe Ontario Canada
CATEGORY: Business For Sale
INDUSTRY: Automotive Businesses for Sale | Service Businesses for Sale | Travel Businesses for Sale | Transport & Shipping Businesses for Sale
LISTING TYPE: Taxi & Limo Businesses for Sale | Taxi & Limo Businesses for Sale | Taxi & Limo Businesses for Sale | Transport Businesses for Sale | Transport Businesses for Sale

Sales Revenue- $1,956,000 (CAD)
Cash Flow- $398,000 (CAD)
Voted Reader’s Choice award for multiple years, this transportation service generates 48% of its revenue via government and long-standing corporate customers.
Accounts include colleges, hospitals, townships, Ontario Works and Ontario Disability Support Program, Canada Post, and YMCA, to name a few.
Possibilities for growth are endless, and the current owner will ensure a smooth transition to the new owners. Growth can also come from entering other similar urban/small towns nearby.
Given the presence of just one main competitor and the infeasibility of rideshare companies entering this market, it promises to be a stable and highly profitable investment for the new owners.
The business is run from two properties, and both are for sale, or the new owners will enjoy a long-term, favourable lease with rights of first refusal on both properties.
There are a total of 4 apartment rentals available if both properties are purchased.
There is a manager in place as well as an experienced team of call takers, dispatchers, accounts receivable managers, and mechanics.
$300k in assets are included in the sale price.

Kate Spinks Executive Admin VBS Group

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Kate Spinks

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