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The Wall Street Journal Online

Airport Shuttle and Charter Services Reduced!

Santa Fe, New Mexico (Santa Fe County)

Seller Financing Available

Photo Available
Asking Price:
$295,000
Gross Income:
$319,000
Cash Flow:
$100,000
EBITDA:
N/A
FF&E:
$60,000.00 *
Inventory:
N/A
Real Estate:
N/A
Year Established:
1995
Employees:
8
Business Types:
Other Travel & Transportation
Miscellaneous Services

* included in the asking price

Business Description

This solid airport shuttle and charter services company has been in business for fifteen years and boasts well-established relationships and alliances which provide built-in customers and robust activity. Many on-going arrangements with several hotels and annual events insure consistent revenues through out the year. Routes and shared-ride services are authorized by the state commission and are secure. There is tremendous upside to greatly expand the business by introducing enhanced scheduling systems via technology and developing marketing programs to increase awareness. The shuttle services meet a strong and growing demand for tourist transportation to the regional airports, hotels and resorts, event and cultural centers, and tourist attractions. Located in a top five tourist destination city. Recently reduced!!

Detailed Information

Facilities:
Lease Period & Expiration: 7 years remaining on Santa Fe city lease agreement. Options: yes Building Size: Santa Fe Airport: 150 sq ft $150/mth, includes parking space for vehicles Promotional Booth: Albuquerque Airport; six feet long; $ 300/mth Utilities: included
Growth/Expansion:
Business has great potential for growth especially in the Albuquerque area where demand exceeds availability.
Financing:
Negotiable
Support/Training:
Seller will train to ensure a smooth transition.
Reason Selling:
Retiring
Contact Seller

Broker Information

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(from currently available resources)
months

Business For Sale Listed By

Michael Greene
Sam Goldenberg & Associates
505-820-0163

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