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Sold! – highly profitable transportation company

PRICE: $3,400,000 INDUSTRY: TRANSPORTATION LOCATION: ARIZONA

Listing description

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.

Listing details

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)

Inventory: $150,000

Reason For Sale:Other business interest.

Training & Support:The seller is willing to train, the time frame is negotiable.

Operation

Days & Hours of Operation: Monday - Friday

Owner Hours Per Week: 40

Employees: 25+

Location

General Location: ARIZONA

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