Services - Local Passenger Transportation | Services - Other Travel & Transportation

Asking Price	$6,000,000	Inventory	$25,000*
Gross Income	$4,200,000	Real Estate
Cash Flow	$1,250,000	Year Established	1992
FF&E	$3,750,000*	Employees	35

* included in the asking price

** not included in the asking price

This company is an ideal candidate for acquisition by another bus company or investment group. This company is a well respected and established charter bus company with a very solid customer base Presently running about thirty buses. The owner is active in the business managing through deligation to key employees. Revenue has consistantly been growing to over 3 Mil in 2006 , 3.5 Mil in 2007--and $4.2 Mil in 2008. Year 2009 has strong growth controlled by the owners decisions to add buses while maintaining a focus on contracts which is now about 30% of the revenue. Adjusted EBITDA is around $1.25 Mil for 2008. The finanancial analysis attached is from tax returns.

Attachments: Download additional information (PDF)

Facilities: Located in Dallas

Competition: The company has earned its business by providing service and is not a price leader.

Growth/Expansion: The company has had a planned grow, and has established customers with repeat business.

Financing: Assumption of Bus lease payments of approx $3,000,000

Support/Training: A reliable staff is in Place.

Reason Selling: Owner feels it is time to merge into another company