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Business For Sale
SHUTTLE SERVICE
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Asking Price: |
$498,000
USD USA Dollars
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Business for Sale Industry: |
Services: Travel, Transportation
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Reason for Selling:
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Retirement. |
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Year Established:
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1999 |
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# of Employees:
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20 |
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Yearly Revenues:
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$800,000 |
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Yearly Cash Flow:
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$180,000 |
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Yearly EBITDA:
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$180,000 |
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Yearly Gross Income:
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$800,000 |
Business for Sale Overview:
This Shuttle Service is located in a rapidly growing region in the South Central U.S. The Shuttle Service has the concession at an airport that serves over 1,000,000 passengers per year. The airport has been adding airline routes and has grown at double digit annual rates. In addition to shuttle services this company provides executive car services for local business, caters to tour & large groups and special events with its large multi-passenger vans and buses. This shuttle service is an excellent opportunity for an individual that would like to acquire a growing business in a growth market. The sale includes assets valued at approximately $200,000.
Property Features and Assets:
The shuttle service has the concession booth in the airport it serves. It also has corporate accounts, providing transportation services for company executives and visitors. It has approximately 20 vehicles valued at about $200,000 that are in good condition that will convey with the sale and are included in the asking price of $498,000. The company is able to retain employees partially because of the excellent tip income they receive. This business represents an excellent opportunity.
Market Competition and Expansion:
The competition is limited in this market and the company holds the concession at the airport that serves the region. The shuttle service provides excellent service, keeping its customers and the airport very happy.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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