Asking Price: $1,300,000 Gross Revenue: $5,848,567Cash Flow: $352,810 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $90,000 included in asking priceFF&E: $496,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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.
About the Business
Number of Employees:
65 FT/10 PT
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.
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.
Profitable Well-Established School Bus Transportation Business
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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
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