Charter Bus Company – Under LOI

Charter Bus Company – Under LOI

Price: $3,950,000

Location: New York

Industry: Transportation

Listing ID: 1310

View One Page Summary

UNDER LOI – November 2022

 

This family owned turn-key business, offers transportation services to clients in multiple counties covering a
broad area throughout New York. This business has an unyielding commitment to safety, reliability and
professionalism and it’s well maintained fleet of buses attests to this. They house a grand fleet of 23-, 56- and
45-seat ultra modern luxury coaches and mini buses with varying capabilities, including a wheelchair lift.
The office runs seamlessly and efficiently with a high level of organization. Documented processes, policies and
procedures are in place. Intuitive technologies and software are used to maintain efficiency with reservation
software and RBS 2000.
Included in the sale are two commercial real estate properties that each provide parking and garage space with
bus lifts, air compressor and bus washing machines. Potential growth remains in the current infrastructure at
both locations.
This company has a sizable client base with continuous bookings due to their impeccable reputation and focus
on customer satisfaction. With decades in the business, they have achieved a impressive level of success with
minimal marketing. This presents the opportunity for a new owner to expand brand awareness, grow the client
base and increase profits.
The owner is ready for retirement and is prepared to assist with a successful transition.

Listing Details

Revenue: $4,254,624

EBITDA: $955,624

Real Estate: (Included in Price)

Training & Support:

The owner is ready for retirement and is prepared to assist with a successful transition.

Anthony Citrolo

anthony@thenybbgroup.com
631-390-9650 xt. 100
Address:
The NYBB Group
25 Melville Park Road Suite 82 Melville, NY 11747

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