Black Car Service with SHL and Access-A-Ride Contracts in Kings County, NY
Financial Details
- Asking Price:
- $875,000
- Annual Revenue:
- $1,000,000
- Cash Flow / SDE:
- $300,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 2.9x
- Location:
- New York, NY, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This listing represents a well-established Black Car Service operating in Kings County, NY, offering a comprehensive suite of transportation solutions. The business is distinguished by its full complement of TLC licenses for all five New York City boroughs, coupled with a highly sought-after SHL endorsement for wheelchair-accessible green cabs. A significant revenue stream is derived from a contract with NYC Transit for the Access-A-Ride (AAR) program, which also accommodates Medicaid patients and partners with numerous medical insurance providers and brokers. The company operates a fleet of 13 vehicles, 4 of which are equipped for wheelchair accessibility. In 2016, the business achieved approximately $1,000,000 in gross sales and generated a net cash flow of roughly $300,000. The asking price of $875,000 includes the entire vehicle fleet. The seller may consider owner financing for a buyer demonstrating relevant business experience and possessing at least $875,000 in liquid funds, with proof of funds required prior to further discussions.
Industry Information
- Industry Description:
- Taxi, Limousine, Car Hire, Chauffeur Services
- Classification:
- Transportation & Storage
Real Estate & Lease
- Status:
- Not Specified
Listing Details
- Listing ID:
- c18591ea-9647-40b0-ae06-7163f1ec8cf3
- Source Listing ID:
- 28064
- Deal Status:
- For Sale
- Date Posted:
- September 25, 2021
- Last Updated:
- September 15, 2025
- Currency:
- USD