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American Trolly Company Is For Sale

Cape May, NJ (Cape May County)

1 of 22 Trolleys + School Buses + Vans + Tour + Coaches
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Asking Price: $1,700,000

Cash Flow: N/A

Gross Revenue: $1,700,000

EBITDA: $350,000

FF&E: N/A

Inventory: $1,500,000

Rent: $22,800,000 /Month

Established: 1983

American Trolly Company Is For Sale

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Business Description

The business has been operating at the Jersey Shore areas since 1984. The current owners developed and operates the business. The business includes inventory of Trolleys, Tour Buses, School Buses plus a school bus Van fleet. The Trolleys operate in summer months in several beach communities from Cape May, Wildwood and Ocean City. The business has several components beside leisure Trolly at the beach communities. There is wedding rental, senior tours, Cape May Lewis Ferry bus transport school transportation segment plus special occasions The equipment is located on 3 acres in Cape May County. The property property can be leased which included repair garages and office. Complete inventory is available of transportation type. Note that the Trolley MFG portion is separate from the business transportation vehicle operation. The Trolley MFG will be sold separately. Financials available with signing of non disclosure package. Qualified Buyers will need to provide financial ability to complete purchase.

Attached Documents


Detailed Information

Location:
Cape May, NJ
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,700
Lease Expiration:
N/A
Employees:
28
Facilities:
Office Space 1500 sf plus garage for maintenance and repairs of equipment 3,000sf plus 1200 sf print shop (Home Based)
Competition:
No one else has a Trolley service for the beach communities or in the area for over 120 miles. They drive revenue in summer and spring and fall. The school bus and van business is Sept - June.Equipment on the school buses and toure buses is older
Growth & Expansion:
There opportunity to grow the Trolley business in off season with convention and special use. There at least 3 more beach communities that could use trolley service in the summer months.
Reason for Selling:
Retiring
Home-Based:
This business is Home-Based
Business Website:
http://www.gatrolley.com/
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Contact the Seller

(from currently available funds)
 
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Joe DiGirolamo

Business Listed By:
Joe DiGirolamo

Farley&Ferry Realty

Show Phone Number

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Sponsoring Broker:
Mary Lou Ferry Wimmer

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