Business for Sale Overview:
The Shuttle Connection is the only company in the Lincoln-Woodstock area that operates an on-call service for locals and visitors who require transportation within the White Mountains region, to all points in New Hampshire, airport transfer service to Manchester and Boston, and charters. The business has a very loyal local and visitor clientele and enjoys a solid reputation of offering a professional, responsible, and punctual transportation service. This business has been in existence since 1990. The current owners have owned it for almost three years. It operates as a sole proprietorship. There is no real estate included as part of the sale as the business operates via mobile communication between the six vehicles which comprise the fleet. Administrative work is handled from a home office.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
The condition of the vehicles making up the fleet is good to excellent. All vehicles are on aggressive preventative maintenance schedules and are repaired immediately as needed. A full list of the vehicles is available. This is a home based business dispatched from a home office and between vehicles in the fleet. Furniture, Fixtures & Equipment is valued at $85,000.
Market Competition and Expansion:
Competition is very limited for this business as it is the only transportation company in existence in the two communities. There are a couple of small taxi companies in neighboring communities which seem to do very little business in Lincoln-Woodstock. Another bus service which offers charter service and airport transfers is located within 20 miles, but has a negligible market share in the community. Positive revenue results could be immediately realized with increased marketing of creative charter opportunities, more aggressive pursuit of commercial transportation contracts, and 24 hour on-call service. The current owners also believe that by spending more dedicated time to the business, minimizing the need for as many employees as are currently employed, new owners would be able to bring a lot of money directly to the bottom line or to them through compensation. Current expansion opportunities in the Loon Valley with South Peak Resort and the Landing at Loon should positively impact visitor traffic and infrastructure growth in the Lincoln-Woodstock area. Obviously, this too could positively impact demand on transportation services in the area.
Reason for Selling:
Changing Careers
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.