Transit Busing

Mid West

Seller Financing Available
Transit Busing
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Asking Price: Get Financing: $3,400,000

Cash Flow: $450,000

Gross Revenue: $4,800,000

EBITDA: $450,000

FF&E: $230,000

Inventory: $21,000*

Real Estate: $800,000*

Established: 1990

*not included in asking price.

Transit Busing

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Business Description

Contracted Transit Provider

Passenger transit bus company with great management team.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
22,000
Employees:
96
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Operate out of multiple locations. Some are owned and others leased. Programs in place to fund bus replacements.
Competition:
There is a huge barrier to entry in the industry. No start-ups can open the door. Have a great reputation and staff remaining with the business to carry on operations. Management is set up to run with an absentee owner.
Growth & Expansion:
The sky is the limit with many contracts available. This business should be making $100 mil in 5 years.
Financing:
Will finance 1,400,000 at 6% for 60 months.
Support & Training:
60 days and on-going consulting
Reason for Selling:
Retiring
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Business Listed By:
Matt Liveringhouse

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