Listing Number: 60352-265087
Description
Business Details:
This well-known Bus Charter business in Ohio is for sale. The company has provided bus charter services for over 35 years and is well known for its exceptional reputation. The company has a list of drivers who provide a great, safe service for their passengers and maintain their equipment, improving safety and reliability and extending their buses' life. The owner has decided to retire, which provides an excellent opportunity for a new owner to step in and take over a profitable business.
Business Overview:
Customer base: The company has a list of repeat customers, all of which don’t make up more than 5% of sales, diversifying their sales portfolio.
Confidentiality: The seller kindly requests that interested buyers demonstrate their commitment to confidentiality by signing a non-disclosure agreement (NDA) and providing their buyer profile, which we will send out. This safeguards the seller's privacy and ensures a secure transaction process that aligns with industry best practices. Additionally, these measures serve as a demonstration of the buyers' genuine intent and financial capability.
Growth Opportunities: The transportation market is in high demand. Sales are high and there is little competition.
Location: Ohio
Year Established: 1988
Number of Employees: 15 PT drivers and 1 mechanic, plus the owners.
Real Estate: Available for rent.
Furniture, Fixtures, & Equipment (FF&E): Included in asking price.
Support & Training: Seller will assist in a smooth transition to ensure a successful transfer, including introductions to clients, referral partners, and key vendors.
Reason for Selling: Owner is retiring.
Listing Details
- Price: $1,326,458
- Down Payment: --
- Sellers Discretionary Earnings: $397,685
- Total Sales: $1,081,566
- Location: Ohio
- Inventory: $0
- FF&E: $737,400
- Employees: 15
- Year Established: 1988
- Reason for Selling: Retirement
- Category: Transportation