Hawaii Transportation Company
Long tenured and very profitable transportation company, located on one of Hawaii's islands, is for sale due to retirement. The Company offers limousine and taxi services.
The reasons to purchase this business include the following:
Excellent history of revenue growth with expectations of continued strong growth; 2016 revenue of $1.65 million.
Excellent profitability: 2016 owner’s profits of $417,700.
Excellent customer awareness and preference
The island’s only “one-stop” transportation service provider.
They are the largest company of their kind on the island.
They have all required state and county licenses
Large fleet of a variety of vehicles which allows great flexibility and excellent customer service.
Strong balance sheet and offered totally turnkey with all the assets.
Excellent growth opportunities.
Asking price is $2,450,000, which includes $75,000 of working capital plus buyer’s assumption of two bank loans with approx. value of $297,000.
Annual Revenue (2015): $2,145,800
Asking Price: $2,450,000
Down Payment: $2,205,000
Seller’s Note: $245,000 over 5 years at 6% interest rate; approx. $4,737 per month.
Monthly Lease: $5,740 per month
Square Feet: 6,150
To learn the island location and to get a detailed offering memo, please contact us to receive a Non-Disclosure Agreement/Financial Net Worth form.
Earn a great living with this transportation company and really enjoy Hawaii's good life.