NAIA Shuttle Service to Any Point in LuzonListing: #OR00223
About this Business for sale in Pasay CityNAIA Shuttle Service to Any Point in Luzon
This Transport Corporation is an accredited airport transport service of the Manila International Airport Authority, the Department of Tourism and the Land Transportation Franchise Regulatory Board. It is franchised to operate a fleet of forty (40) units of various capacities and sizes to serve NAIA passengers' needs, up to date carrying out scheduled trips, connecting cities, towns and villages.
It operates 24 hours a day, seven days a week in NAIA terminals 1, 2 and 3 to any point in Luzon. All drivers are all well versed in the requirements of the busy business traveler, the fun loving social tourist and “balikbayans” alike.
The company also covers seaports and the like through an extensive network of local agents; as well as serve in special occasions like the Ms. Earth pageant. The Company presently manages a fleet of thirty (30) vehicles, 26 of which are subcontracted where the company derives 30% shares from each operating vehicle. Cost of commissions and salaries average ₱100,000 a month.
The company also draws profit from online bookings since July 2017; the additional income has grown to a monthly average of ₱100,000 from May to September this 2018.
Recently the company engaged in a business venture to provide Car Rental Services, with the use of “High End” vehicles for Self-Drive Services or with Driver. The company will provide marketing in acquiring clientele for this new venture. Income Projections of a minimum of ₱30,000 to ₱150,000 monthly is anticipated in the Car Rental Business.
The owners are cashing-in to focus on their property development business.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.