Profitable Well-Established School Bus Transportation Business

NY (Relocatable)

Profitable Well-Established School Bus Transportation Business
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Asking Price: Get Financing: $1,300,000

Cash Flow: $352,810

Gross Revenue: $5,848,567

EBITDA: N/A

FF&E: $496,000

Inventory: $90,000

Established: 1980

Profitable Well-Established School Bus Transportation Business

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Business Description

Renewable Contracts with Community Services

Growing school Transportation Company with recurring revenue from long term clients.

NY State DOE approved Transportation Company serving large public school districts and other organizations in the 5 boroughs.

They pride themselves on their excellent reputation and their long term (30+ years) customers. They offer personalized service and have built their business mainly through word of mouth.

The company has a wide client base and the opportunity to expand. Currently turning down work. No debt - the business owns all of its vehicles and have no lease/loan payments.

The company has a dedicated staff and has streamlined its operations and maintenance which leads to strong profit margins.

Detailed Information

Inventory:
Included in asking price
Employees:
65 FT/10 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The company rents a 50,000 sf facility. There is additional space available if the new owner needs it for expansion of the business. The lease is a net lease and is renewable.
Competition:
The industry is highly fragmented with several smaller and larger competitors. There has been consolidation in the industry with the large companies buying the medium size companies and the medium size companies buying smaller companies.
Growth & Expansion:
A great opportunity for growth exists, through marketing and adding many more school boards in the area.
Support & Training:
Will train for 2 weeks @ $0 cost.
Reason for Selling:
Estate planning.
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Ed O'Deven

Business Listed By:
Ed O'Deven

Murphy Business Sales

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