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

Features & Tags

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