Exclusive Party Bus Business

Not Disclosed, OR
Washington County

Asking Price: Annual Revenue:
$370,000 $425,746

Services: Taxi, Limo, & Passenger Transportation

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RE: Exclusive Party Bus Business Broker: Michael Morrissey

Quick Facts

Asking Price: $370,000
Annual Revenue: $425,746
Net Profit: Not Disclosed
Cash Flow: $78,809
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 3
BBN Listing #: 172252348
Broker Reference #: 59071-267705

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Business Overview:

This limousine bus company provides a variety of entertainment and transportation options. It’s fleet of luxury buses and coaches provide a singularly unique experience for its customers, making it a very popular company to use over and over again for special events. This company provides luxury transportation and entertainment for events such as weddings, wine tours, pub crawls, nights on the town, ski trips, golf trips, graduations, birthday parties, bachelor/bachelorette parties, sporting events, group events, and corporate events. The company’s team of drivers allow the owners to operate the business semi-absentee, allowing them to focus on business admin. The businesses price structure of charging hourly allows it to customize packages to clients’ needs while also maintaining a steady profit margin. The company’s fleet composition provides a variety of 5 luxury bus options in different size and theme to match its customers specific needs, making it an ideal business to own and operate.

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Property Features and Assets:

In operation since 2015, the owners bought the business in 2018 as a side business to their already existing unrelated business. This business continued to grow until the pandemic shut down most operations in March 2020 until early 2021. Since the re-opening of the economy bookings and revenue have increased significantly and are nearly back to normal.

Market Competition and Expansion:

There are currently just 4 other party bus specific companies operating in the whole Portland Metro Area that can compete with the variety of buses this business offers. Siting expert industry sources, growing demand from corporate travelers, tourists and private households is expected to stimulate expansion of the Taxi and Limousine Services industry over the next five years. Industry revenue growth is expected to be 4% annually in that same time period. Given the continued growth in population and popularity of the Portland Metro market, it can be reasonably assumed that revenue and demand for this company’s services will increase as well as the industry grows.

Reason for Selling:

Focusing on other business.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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