Five-Vehicle Taxi Fleet for Sale in Queens, NY

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Financial Details

Asking Price:
$175,000
Annual Revenue:
$96,000
Cash Flow / SDE:
$60,000
Profit Metric:
Cash Flow
Valuation Multiple:
2.9x
Location:
Queens, NY, US
Source:
Date:
September 15, 2025

Key Highlights

Absentee-owned, 5-vehicle Green Taxi fleet generating consistent cash flow.
Includes 3 SUVs and 2 Sedans, all paid off and in good condition with 3-4 years of life left.
Unique opportunity to expand by adding permits, vehicles, and drivers in NYC.

Description

This is an absentee-owned, 5-vehicle Green Taxi fleet operating in Queens County, NY. The business generates revenue by leasing out its five licensed vehicles to drivers, who pay between $350 and $400 per week. The owner's responsibilities are limited to oil, brakes, and insurance. The fleet consists of 3 SUVs and 2 Sedans, all of which are fully paid off and have at least 3-4 years of remaining useful life before replacement is needed. All vehicles are in good condition, undergo bi-annual TLC inspections, and are equipped with partitions, GPS tracking, credit card readers, and LCD screens. Drivers are expected to remain with the business, and 3 out of the 5 vehicles are currently garaged. This presents a unique opportunity for a buyer looking to scale by adding permits, vehicles, and drivers to an already established operation.

Industry Information

Industry Description:
Taxi, Limousine, Car Hire, Chauffeur Services
Classification:
Transportation & Storage

Real Estate & Lease

Status:
Not Included

Listing Details

Listing ID:
ebe9e7d1-851c-461b-8de5-0f66ace53620
Source Listing ID:
30688
Deal Status:
For Sale
Date Posted:
January 28, 2021
Last Updated:
September 15, 2025
Currency:
USD

Features & Tags

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Tags & Categories
Taxi Fleet Queens NYC Transportation