SOLD! – HIGHLY PROFITABLE TRANSPORTATION COMPANY
This company is a well-established and successful transportation business that focuses on providing services for schools and large groups traveling in-and-out of state. This business has an excellent reputation, strong relationships with school districts and superb branding.
The Company’s revenues are diversified with a low concentration of contracts and one-time/repeat customers. The seller estimates approximately 65% of their revenue is generated from contracts and 35% from one-time/repeat customers. Further diversification also exists in client concentration where no customer represents more than 10.5% of their revenue in 2017.
This business operates with experienced management, reliable drivers, a spacious office location with room for expansion, and a long list of FF&E’s that will convey with the sale. With the Company’s long outstanding reputation, long-term contracts, skilled and well-trained team and healthy fleet of vehicles, the Company is well positioned to continue driving growth and enhancing margins.
The asking price for this Company is $3,400,000.
Asking Price: $3,400,000
Gross Income: $4,818,260.62
Down Payment: $3,400,000
Cash Flow: $978,163.89
FFE: $3,000,000 (Included in Price)
Reason For Sale:Other business interest.
Training & Support:The seller is willing to train, the time frame is negotiable.
Days & Hours of Operation: Monday - Friday
Owner Hours Per Week: 40
General Location: ARIZONA