Description

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&Es that will be conveyed with the sale. With the Company’s long outstanding reputation, long-term contracts, skilled and well-trained team, and a 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 interests.

Training & Support: The seller is willing to train, and 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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