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Business For Sale
SCHOOL TRANSPORTATION COMPANY
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Asking Price: |
$9,600,000
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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1985 |
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# of Employees:
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50 |
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Yearly Revenues:
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$3,230,977 |
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Yearly EBITDA:
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$1,723,028 |
Business for Sale Overview:
For over 20 years, this company has been providing transportation services to public and private educational institutions in the Inter-mountain West. The Company is currently into its second year of new ten year contracts and has recently replaced the majority of its vehicle fleet. The Company enjoys tremendous profit margins, with historical EBITDAs near 50% of revenues. The conservative ownership has not actively pursued growth opportunities and yet the company continues to grow at or above 10% annually. The family-owned company’s founder is seeking retirement, while his operationally active son is interested in partnering with a buyer who can leverage the company’s strong past to achieve an even stronger future.
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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