Bus Charter Company
Business Description
Description:
The Company functions is a top-tier transportation provider, focusing on guided tours, diverse travel needs, and special events. Vehicle offerings include motorcoach, shuttle bus, and minibus charter rentals, designed to cater to groups of any size for various occasions and excursions. Additionally, the Company operates a full-service fleet and auto shop, ensuring comprehensive capabilities beyond transportation requirements.
Key Aspects:
• The Company's total revenue growth from 2021 to 2024 was 257.6%.
• The Company's adjusted EBITDA margins have averaged 24.4% from 2021 to 2024.
• The Company operates with an extensive and varied fleet of charter buses.
• According to management, in 2024, 85% of revenue was generated from repeat clients.
• The Company's drivers are all W-2 employees, 19-A certified, screened, and approved by the US Department of Transportation (DOT) and New York State Department of Transportation (NYSDOT).
• The Company has a low client concentration with no single client accounting for more than 6% of 2024 revenue.
Opportunities:
• Add search engine optimization (SEO) to the Company's websites to improve visibility and attract new clients.
• Leverage eco-friendly marketing strategies to differentiate the Company and fulfill client desires to support sustainable businesses.
• Increase marketing in metropolitan areas to grow client base and revenue.
• Partner with luxury hotels and resorts, to provide premium transportation solutions and secure a reoccurring revenue stream.
• Enhance marketing strategies for fleet and automotive service repairs to drive revenue growth.
Headquartered:
• Northeast, US
Current Markets:
• The Company primarily serves the tourism, event planning, education, corporate travel, religious organizations, and senior living markets throughout the US.
Real Estate:
• The Company owns and operates from two facilities totaling 45,744 sq. ft., which are expected to be included in the sale.
Shareholder Ownership:
• The Company is fully owned by one owner who is seeking retirement and is willing to remain with the Company for a predetermined period to facilitate a smooth transition to new ownership.
The Company functions is a top-tier transportation provider, focusing on guided tours, diverse travel needs, and special events. Vehicle offerings include motorcoach, shuttle bus, and minibus charter rentals, designed to cater to groups of any size for various occasions and excursions. Additionally, the Company operates a full-service fleet and auto shop, ensuring comprehensive capabilities beyond transportation requirements.
Key Aspects:
• The Company's total revenue growth from 2021 to 2024 was 257.6%.
• The Company's adjusted EBITDA margins have averaged 24.4% from 2021 to 2024.
• The Company operates with an extensive and varied fleet of charter buses.
• According to management, in 2024, 85% of revenue was generated from repeat clients.
• The Company's drivers are all W-2 employees, 19-A certified, screened, and approved by the US Department of Transportation (DOT) and New York State Department of Transportation (NYSDOT).
• The Company has a low client concentration with no single client accounting for more than 6% of 2024 revenue.
Opportunities:
• Add search engine optimization (SEO) to the Company's websites to improve visibility and attract new clients.
• Leverage eco-friendly marketing strategies to differentiate the Company and fulfill client desires to support sustainable businesses.
• Increase marketing in metropolitan areas to grow client base and revenue.
• Partner with luxury hotels and resorts, to provide premium transportation solutions and secure a reoccurring revenue stream.
• Enhance marketing strategies for fleet and automotive service repairs to drive revenue growth.
Headquartered:
• Northeast, US
Current Markets:
• The Company primarily serves the tourism, event planning, education, corporate travel, religious organizations, and senior living markets throughout the US.
Real Estate:
• The Company owns and operates from two facilities totaling 45,744 sq. ft., which are expected to be included in the sale.
Shareholder Ownership:
• The Company is fully owned by one owner who is seeking retirement and is willing to remain with the Company for a predetermined period to facilitate a smooth transition to new ownership.
Listing Info
- ID
- 2355956
- Listing Views
- 274
Attached DocumentsAttachment Disclaimer
Listing ID: 2355956 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
