Climb Aboard This Bus of Profits

Relocatable, FL
Miami Dade County

Asking Price: Annual Revenue:
$950,000 $2,166,505

Services: Taxi, Limo, & Passenger Transportation

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RE: Climb Aboard This Bus of Profits Broker: Fernando Mello
Owner Financing is Available!
Loan/Seller - Amt: 450,000 Mos: 60 Rate: 7.00 Mo Pmt: 8,910.54

Quick Facts

Asking Price: $950,000
Annual Revenue: $2,166,505
Net Profit: Not Disclosed
Cash Flow: $183,632
Total Debt: Not Disclosed
FF&E: $72,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: 38
BBN Listing #: 6964630
Broker Reference #: 0101910956

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Business Overview:

Established for almost 30 years, this privately owned school bus transportation company services Palm Beach, Broward, and Miami Dade counties. All drivers are W2, licensed, and certified by the tri-county public school system, and the fleet of over 50 sixty-five passenger buses is maintained and inspected by the county every 28 working days. All buses are dispatched by a live operator and tracked via GPS software. This company adheres to all federal transportation employee regulations and is a drug-free workplace, under contract with the Health Care Center of Miami. This business concentrates on charter and private school routes in addition to lucrative field trips and sporting events throughout the tri-county area. There is an operations manager in place, to which the seller is only involved about 10 hours per week and is seeking retirement from the industry. Excellent books and records, recurring revenue from client contracts (assumable), great immigration Visa opportunity, Annualization are based on October 31st Profit and Loss, Seller states 40% growth opportunity in place for 2022. Parking lots are owned by principle and fair market leases are being offered (lots are not for sale). This is a highly confidential sale, to which all prospects must provide proof of funds at this price level. Some seller financing may be available to qualified prospects. Please refer to listing number 0101910956, business broker Fernando Mello – (561) 609-7371 - when inquiring about this listing.

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Property Features and Assets:

Lease/Month: $8,449; Square Footage: 50,000; Building Type: parking lots; Terms & Options: TBD; Expiration Date: 12/31/2024.

Market Competition and Expansion:

Non Compete : Miles: 100 Years: 5

Reason for Selling:

Retirement from industry.

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.

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