Passenger Transport Business for Sale in Middlesex County, NJ
Financial Details
- Asking Price:
- $235,000
- Annual Revenue:
- $240,000
- Cash Flow / SDE:
- $30,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 7.8x
- Location:
- NJ, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This is a well-established, high-end passenger transport business located in Middlesex County, New Jersey, with 26 years of operational history. The company specializes in providing personalized transportation services for corporate clients traveling to NY/NJ airports or Manhattan meetings, as well as individuals for dining, theater, and tours to Washington D.C. It caters to a discerning clientele who value extended wait times and personalized service, reflected in typical fares ranging from $600 to $1,000. While the pandemic impacted travel, the business has remained profitable and is actively rebuilding to pre-pandemic levels. Significant growth opportunities exist by expanding the fleet with additional drivers and vehicles, coupled with focused advertising. The sale includes two experienced drivers, two minivans, an SUV, and an 11-seat passenger bus.
Industry Information
- Industry Description:
- Taxi, Limousine, Car Hire, Chauffeur Services
- Classification:
- Transportation & Storage
Operational Snapshot
- Year Established:
- 1999
- Employees:
- 2
- Reason for Selling:
- Relocation
Real Estate & Lease
- Status:
- Not Included
Listing Details
- Listing ID:
- fb4af58a-d5ef-46b1-aae8-8a1d97555f28
- Source Listing ID:
- 34424
- Deal Status:
- For Sale
- Date Posted:
- July 07, 2022
- Last Updated:
- September 15, 2025
- Currency:
- USD