Unlock Profits: 20 TLC Licenses & Vehicles Fleet For Sale

Description

This is a rare opportunity to acquire a profitable turnkey business that includes a fleet of 20 TLC licensed vehicles. With New York State no longer issuing new TLC licenses, the value of existing licenses has increased significantly, with each valued at approximately $30,000. The buyer will receive all 20 licenses along with an established, income generating business. Key Highlights: Modern Fleet: All 20 vehicles were purchased within the last three years and are in excellent condition. They have been consistently maintained and have passed all required inspections. Steady Income: Each vehicle is supported by a rental contract for the next year with experienced and vetted drivers who have strong driving records. The business also maintains a waiting list of additional drivers seeking rentals. Low Overhead: The operation is managed remotely without the need for office space. The owners have secured discounted arrangements for insurance, maintenance, and repairs, reducing operating costs. Smooth Transition: The current owners are willing to remain for three to four months to assist with training and ensure a smooth transition of operations. High Demand: Due to limited availability of TLC licenses and ongoing demand for rental vehicles in New York City, the business is positioned for continued stability and growth. This opportunity is suited for an operator seeking a remotely managed, income generating fleet business in a constrained and high demand market.