Highly successful Bus line/Transportation Co for Sale in Asheville, NC

Buncombe County, NC

Seller Financing Available
Highly successful Bus line/Transportation Co for Sale in Asheville, NC
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Asking Price: $499,000

Cash Flow: $197,776

Gross Revenue: $1,002,090

EBITDA: $197,776

FF&E: $450,000

Inventory: N/A

Rent: $2,500 /Month

Established: 1955

Highly successful Bus line/Transportation Co for Sale in Asheville, NC

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Business Description

Going to be over 200 weddings in 2018, school contracts, and much more

This transportation company has found an incredible niche and filled it. They have 44 vehicles that go with the business. This includes 5 Motor Coaches, (2) - 15 passenger vans, a 25 passenger mini bus, (2) - 7 passenger mini vans and the remaining are either 44, 36, or 32 passenger school buses. This allows the company to serve a wide variety of clients including the local school system, parks & rec, running camps, 200+/- weddings in 2018 (175+/- in 2017), coach trips, and much more. Owners purchased the business 11 years ago and have built it tremendously. The business name locally is great and very trusted. There is also a second name they have registered that has not been used that opens up possibilities for the Airport transportation. They have been so busy with their other clients they have not pursued the Airport things. This business is running great and ready for a new owner!

Detailed Information

Location:
Buncombe County, NC
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
26
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased
Competition:
Other transportation companies. None with the vehicles to do what this company does. This is the reason they have so many clients as well.
Growth & Expansion:
Could be potential good growth by pursuing Airport transportation as well.
Financing:
Possible some seller financing
Support & Training:
Owner will entertain staying on and training new owners and introducing them to clients, etc.
Reason for Selling:
Retiring
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Business Listed By:
Chuck Johnson

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