10 Medallion Licenses and 5 Vehicles for Sale in Union County, NJ
Financial Details
- Asking Price:
- $115,000
- Annual Revenue:
- $120,000
- Cash Flow / SDE:
- $60,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 1.9x
- Location:
- NJ, US
- Source:
- Date:
- September 16, 2025
Key Highlights
Description
This listing presents a unique opportunity to acquire ten (10) highly sought-after Taxi Medallion Licenses in Union County, New Jersey. This offering allows buyers to bypass the competitive auction process and secure valuable licenses for operating a taxi or ride-sharing service. The sale includes not only the licenses but also five (5) vehicles, valued at over $25,000, providing a ready-to-deploy fleet. This business is positioned as a turn-key operation, ideal for entrepreneurs looking to enter or expand their presence in the lucrative ride-hailing and delivery market. The ability to add vehicles of any year or model to the fleet offers significant operational flexibility. Located in Union County, NJ, this business serves an expansive list of localities, offering substantial growth potential.
Industry Information
- Industry Description:
- Taxi, Limousine, Car Hire, Chauffeur Services, Ride Sharing, Ride Hailing, Delivery Business
- Classification:
- Transportation & Storage
Real Estate & Lease
- Status:
- Unknown
Assets & Inventory
- Inventory Value:
- $25,000 USD
- Includes Inventory:
- Yes
Listing Details
- Listing ID:
- 28becfd1-4db4-4410-b0d6-7ca3e6b554bc
- Source Listing ID:
- 32930
- Deal Status:
- For Sale
- Date Posted:
- July 30, 2022
- Last Updated:
- September 16, 2025
- Currency:
- USD