Passenger Transport Biz – Fabulous Location

Business Sold North Island

Business Category Taxi

SOLD

Description

Passenger Transport Biz – Fabulous Location

*Cash Surplus 31.03.23 - approximately $421,500. The 2023 financial results have been excellent and 2024 is projected to be even better.

This is a niche passenger transport business in a unique high demand location. It has an outstanding brand and a reputation as the premium service provider of passenger transport on Waiheke Island. Founded in 2005 it has a modern fleet of 30 vehicles, with which it offers a range of passenger transport options for visitors to the Island.

Revenue is split approximately 50/50 between large passenger bus loads and small passenger taxi fare work. Included are great accommodation options for a family or group who wish to run this business jointly, with residential accommodation onsite and next door.

Waiheke Island is a growth area and remains on the list of the “must see” locations for visitors to NZ. With the international travel market forecast to return to full strength in the 2023/24 season, Waiheke Executive Transport is ideally placed to cater to the extra numbers and reap the rewards.

Other great features include -
• a team of experienced qualified staff and contractors
• a fully equipped workshop with a tyre bay onsite
• a high-quality website which is linked to a central booking system
• a very effective custom software programme for order processing
• a reputation for providing seamless reliable service for its customers

The vendor wishes to retire and is willing to offer generous assistance and a thorough handover to the right buyer.

Asking Price $1,375,000 (includes approximately $900K tangible assets)

To find out more, visit XXXXXXXXXX register your details and submit the online Confidentiality Agreement and Geoff will be in touch. An Information Memorandum will be shared with approved parties.

*Cash Surplus equals EBPITD Source information supplied by the Business Owner.
Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2023.

Property Code: 3463

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This business is somewhat unique and has no similar competition in this region, category or price bracket.


Contact Seller
Geoff Mackenzie

Bsale ID: 612134
Broker REF: barker_49_1749

Barker Business Brokerage