Mobile Bus Repair: 1Mechanic + 1Truck + Answering Svc = BIG PROFIT$

Manassas, VA (Prince William County)

2011 Dodge Ram 4500 with a fully equipped 14 foot box

Asking Price:$325,000

Cash Flow:$167,000

Gross Revenue:$247,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:1993

Mobile Bus Repair: 1Mechanic + 1Truck + Answering Svc = BIG PROFIT$

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Business Description

Established business (22 Yrs) in a growing market ready for expansion

Mobile Bus and RV Repair
In Business 24 Years
Serving VA – MD – DC

One technician, one truck, and answering service provides avg. $166k net income to owner (2012 – 2015).

Diesel Engine experience not necessary - We don’t fix the engines - it’s the little stuff that breaks on the road.

The Business: Minor repairs for:
-Estimated 250,000 Tour Coaches visiting DC metro area annually
-Entertainer Coaches visiting the many venues in the tri-state area
(often with free tickets–front row–take your best girl-it’s been a great ride)
-Small Fleets in the area
-Federal and State government buses/mini busses
-Snow birds traveling I-95 and I-66 in RVs

Current Market:
750+ customer list
54% of sales (2015) to repeat customers
12% of sales (2015) to new customers
18% of sales for Fleet Service
10% Federal and State services
Virtually untouched by recession, 2009 – 2013 avg. annual income $6k less than avg. 2004 - 2008 income. 2014 – 2015 income 15% higher than pre-recession income. You won’t stop the buses.

Future Markets:
-Market could be expanded to other bus destinations
-The travel industry outpaced job creation in the rest of the economy by 49 percent
-Travel and tourism is among the top 10 employers in the 48 States and Washington DC is the 1st obvious destination. Total visitations to DC increased from a low of 14.9 million in 2006 to 18.5 million in 2012 and is forecast to steadily increase to 20.3 million in 2016
-Federal and State markets have additional potential

Expansion:
• Second service truck for unmet needs
• Expand government contracts (GSA and DUNNS process already in place)
• Smart phone friendly web page under developed with tap to call capability

Opportunity for current garage owners to Increase your customer base and sales with a proven company
• Bring current fleet service in-house and expand services by providing parking, heavier maintenance, fueling, wash and dump for an expanded fleet
• Reduce overhead of current garage by bringing in heavier repairs currently given away by Bus Doctor (avg. $170,000 annually)
• Supplement roadside service by bringing buses to shop for repairs
• Increase in-shop tickets by providing additional mechanical services
• Fueling/washing for buses and RVs
• Advertise new services using Bus Doctor Customer List
• Tap the overflow from the big brick and mortar diesel facilities in the area
• Supplement your fleet service with mobile repairs

Why buy the Bus Doctor?
• 24 years’ business experience in the DC Metro Area!
• Based in Northern VA.
• Low overhead
• Additional profit center with excellent revenue and HIGH Profit Margins!
• Marketing is easy - We have the contacts! Instantaneous customer base nationwide.
• We have identified potential markets for expansion on the east coast and have contact relationships to identify the best markets nationwide for expansion.
• With 24 years’ experience the training program is already developed and the trainer would be onboard.
• Financial management program already exists.
• Cash Flow - Low account receivable balances – 3 uncollectable sales in 22 years

Attached Documents


Detailed Information

Employees:
2
Facilities:
The Bus Doctor does not carry the overhead of a garage leaving more net income for the owner. All work is performed from a fully equipped and stocked service truck designed using 22 years experience performing mobile repairs. 2011 Dodge Ram 4500 with a 14 foot box Service Mark from the US Patent Office. 750+ Client List of tour coaches visiting the DC area annually. Web site in development. (Home Based)
Competition:
Truck mechanics, tow truck drivers and the occasional mechanic in the unmarked pick-up truck toting a box of tools is the competition in the #1 tourist destination for buses. 250,000 buses visiting DC (1991), 1000 buses a day visiting DC (American Motorcoach Association 2010), 1100 buses a day during busiest months (American Bus Association, March 2015). In 2013, DC welcomed a total of 19 million visitors, setting a new record for the city (D.K. Shifflet & Assoc; Travel Highlights) and expected to continue to increase by 2-3% each year through 2017.
Growth & Expansion:
Growth can be accomplished with an additional service truck, development of Federal, and state, college and university contracts, addition of a garage to capture business the Bus Doctor currently redirects, and franchise the Bus Doctor to other tourist attractions frequented by morotcoaches (Orlando, New York, Boston, Miami). 750+ Client list of whom three quarters are repeat customers with no one owner/operator providing more that 3% of sales.
Support & Training:
Negotiated as needed. Basic knowledge of diesel engines desirable. Training may include minor repairs typically performed to accessory components i.e. replacing starters, alternators, batteries, belts and hoses, repairing A/C, changing tires and jump starts.
Reason for Selling:
The Bus Doctor needs to grow to maintain market domination.
Home-Based:
This business is Home-Based

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Business Listed By:
Bryan Cebula

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