Profitable TLC Licensed Vehicle Fleet Business for Sale in New York
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Financial Details
- Asking Price:
- $899,000
- Annual Revenue:
- $615,200
- Cash Flow / SDE:
- $284,720
- Valuation Multiple:
- 3.2x
- Location:
- New York, NY, US
- Source:
- Date:
- June 18, 2025
Key Highlights
- Profitable turnkey vehicle rental business in NYC with 20 TLC licensed vehicles.
- Modern, well-maintained fleet with existing rental contracts and vetted drivers.
- Low overhead and favorable accounts contribute to profitability; smooth transition offered.
Description
A business analyst would note this is a rare opportunity to acquire a profitable, turnkey business in New York City. The business includes a fleet of 20 TLC licensed vehicles, a valuable asset given the scarcity of new licenses. The fleet is modern and well-maintained, with rental contracts in place with vetted drivers. Low overhead and favorable accounts for maintenance and insurance contribute to profitability. The current owners are offering a smooth transition period. High demand for rental vehicles in NYC suggests potential for continued success.
Industry Information
- Industry Description:
- Auto & Automotive
- Classification:
- Transportation & Storage
Listing Details
- Listing ID:
- d2c184c2-c739-4020-8c49-96db81f6ed2e
- Deal Status:
- For Sale
- Date Posted:
- June 18, 2025
- Last Updated:
- June 18, 2025
- Currency:
- USD
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