Profitable Well-Established School Bus Transportation Business

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Renewable Contracts with Community Services
Asking Price:
$1,300,000

Gross Revenue:
$5,848,567
Cash Flow:
$352,810
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$90,000
included in asking price

FF&E:
$496,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

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

Year Established:
1980
Number of Employees:
65 FT/10 PT
Relocatable:
Yes
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.
Market Outlook/
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.
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About the Sale

Reason For Selling:
Estate planning.
Training/Support:
Will train for 2 weeks @ $0 cost.

Listing Info

ID:
1533462
Ad Detail Views:
920

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Business Listed by

Ed O'Deven

Murphy Business Sales

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U.S. Census Data for New York
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Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for New York
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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