Very Profitable Charter Company for sale! Great profit margins!
| Asking Price: | $10,000,000 |
| Gross Revenue: | $8,690,268 |
| EBITDA: | $3,603,088 |
| Established Year: | 1997 |
| Cash Flow: | $3,662,219 |
| Inventory: | $2,000,000 |
| Real Estate: | $2,000,000 |
This well-established passenger transportation company in Ohio has been providing top-notch charter bus services for over 25 years. With a versatile fleet capable of accommodating anywhere from 1 to 56 passengers per vehicle, they pride themselves on offering reliable and affordable transportation options. They meticulously inspect all vehicles and wheelchair lifts in their own shop, ensuring that all repairs are completed to the highest standards by their skilled drivers and mechanics. Boasting approximately 100 contracts across both private and government sectors, this company is a leader in the transportation industry.
The current owner expects an enterprise value of $16-$17 million, this takes into consideration that he owes $7 million in capital leases, which he expects new ownership to assume going forward.
The true after debt cash flow of this business is $3 million per year.
