Premiere Charter Bus Company Serving Tri-State Area

New York
Premiere Bus Company
Cash Flow:$1,333,198
Inventory:$1,000,000
Gross Revenue:$2,871,725
EBITDA:$977,953
BUSINESS DESCRIPTION

BID BASIS – BEST OFFER

Family owned and operated for over 15 years, this charter bus company is located in central New Jersey and has created a great reputation for quality service at a fair rate. Their commitment to reliability, safety and customer satisfaction has gained them many long-term, repeat clients. Approximately 25% of their major clients have been riding with them for 5 to 10+ years and more than 80% of customers pay in full prior to service.

The company offers a variety of transportation services in the NY Metro area, NJ and parts of PA. They employ both full time and part time drivers who operate their incredibly well-maintained fleet of Luxury Coaches, Buses and Mini buses. Company is FMCSA compliant and fully insured on each vehicle. Client base includes, but is not limited to: online portals, travel agencies, public/private schools, universities, corporations and religious organizations.

The company has achieved an impressive level of success with minimal marketing. This presents an opportunity for a new owner to expand brand awareness, grow the client base and increase profits. Management of company can be performed from any location.

The sellers are ready to stay on and assist with a smooth and successful transition.

Considering existing transportation companies only.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Employees
12
Facilities
Business is currently managed from a home office. Can be run remotely and is relocatable.
Support & Training
The sellers are ready to stay on and assist with a smooth and successful transition.
Reason for Selling
Retirement
Home-Based
This business is Home-Based
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Beth A. Reichgott
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Beth A. Reichgott