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Well-Established School Bus Transportation Business For Sale

New York
Asking Price:
$1,300,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$5,848,567 (USD)
Cash Flow:
$352,810 (USD)

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.

Property information

Premises Details:

The company rents a 50000 sf facility. There is additional space available if the new owner needs it for expansion of the business.

Business Operation

Expansion Potential:

A great opportunity for growth exists, through marketing and adding many more school boards in the area.

Competition / Market:

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.

Reasons for selling:

Estate planning.

Trading hours:

Mon-Fri 6am-7pm; Sat as needed; Sun 6am-3pm

Employees:
65 FT / 10 PT
Years established:
38 years

Other Information

Support & training:

Will train for 2 weeks @ no cost
Services and revenue breakdown:
School transportation - 70%
Summer camp transportation - 15%
Charter service - 15%

Furniture / Fixtures value:
$496,000 (USD) - included in the asking price
Inventory / Stock value:
$90,000 (USD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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