Business Overview:
The company for sale is a school bus, activity bus and charter bus transportation service company. Operating a fleet of 30 school buses, two activity buses, six motor coaches and one equipment truck, the Company is a dominant player in the local market and the only provider of both school contract service and charter services.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The company operates from a 60,000 square feet facility situated on approximately 7.9 acres. The facility includes office space, mechanic shop, warehouse for indoor storage of buses and 10,000 gallon above ground double-walled fuel tank. The space is leased from a related party.
Market Competition and Expansion:
Management projects conservative future compound average growth (CAGR) of 5%, supported by expectations of new contracts with energy companies as Permian Basin activity increases as energy prices increase. Further growth will be obtained through extensions of the charter bus services as the eastern New Mexico and western Texas region continues to exhibit strong growth as new industries (solar, wind) and companies (nuclear processing facilities) enter and expand into the region.
Reason for Selling:
Best reach full potential aligning with larger org
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: