Licensed Taxi Service with Absentee Owner Potential in Lihue, HI
Financial Details
- Asking Price:
- $450,000
- Annual Revenue:
- $260,000
- Cash Flow / SDE:
- $152,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 3.0x
- Location:
- Lihue, HI, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This listing presents a unique opportunity to acquire a well-established, licensed taxi service located in Lihue, HI, with 24 years of operational history and a strong local reputation. The business is ideal for an absentee owner, as management is willing to stay on, and the operation is relocatable. The current owner has strategically chosen to keep the business closed on Sundays, presenting an immediate revenue growth opportunity for a new owner. While geographically constrained, the core business has proven resilient, even through the pandemic downturn. There is potential for expansion into growing demand areas on the island for a well-capitalized buyer. The service primarily relies on established drivers, but the owner can also drive. The seller is relocating and offers transition support for up to four months. Financials provided are estimates from year-end 2021, with cash flow being an estimate due to unmaintained statements; full financials are available upon Letter of Intent. Real estate is not included, as operations were run from a family home.
Industry Information
- Industry Description:
- Taxi, Limousine, Car Hire, Chauffeur Services
- Classification:
- Transportation & Storage
Operational Snapshot
- Year Established:
- 2001
- Reason for Selling:
- Relocation
Real Estate & Lease
- Status:
- Not_included
Listing Details
- Listing ID:
- c5425593-44f2-42de-aac7-074d8b862b98
- Deal Status:
- For Sale
- Date Posted:
- September 08, 2022
- Last Updated:
- September 15, 2025
- Currency:
- USD