CB Close

Free eBook

5 Keys to maximizing your
transporation business sale

Every transportation business owner will sell their business at some point. As the industry transaction specialist, Tenney Group is passionate about making that experience as rewarding as possible when the time is right for you. You future business sale success begins with education.

Click Here

eBook Popup Cover
Call Us: 877-642-8033
Listings Feature Image

Listings

15M Charter School Bus Business – Niche Expertise Driving 20% Year Over Year Growth

Location: Various
Asking Price: Submit offer subject to due diligence.
Gross Revenue: $17,640,000 2017 est
Cash Flow: $2,900,000 2017 est
Business Description:

Key Investment Highlights

  • Niche expertise key advantage to capitalizing on massive charter school growth trend across U.S.
  • Owner suggests serving charter school offers more paths to healthy profits vs. public schools.
  • Remaining life on existing charter contracts is extensive.
  • Current charter school accounts could be expanded immediately if more capital was available.
  • Back office, sales, and HR functions of all four growing locations are centralized into one.

Fleet:  $4.742M (approx 375 units)

Seller Financing: Willing to finance 10-20% of the sale depending on the price/structure and buyer.
Year Established: 2006
Mgmt. Training/Support:

Seller is willing to support buyer for 1-2 years.

Reason For Selling:

Owner’s aversion to taking on new debt is limiting the company’s potential/growth. Rather than hold company back, the owner has chosen to sell.

Facilities:

All facilities are leased.

All Leases are transferable with approval.  Arms length leases are able re-negotiated if desired.

 

Employees:

Key employees are in place and seller feels that most would stay on with new owner.

The Tenney Minute Newsletter

Sign up now for free access to transportation business for sale alerts, articles and educational videos.

My partner and I hired The Tenney Group to help us accomplish three specific transaction goals. The Tenney Group allowed us to achieve all three goals in 42 days.

— Russ Cooke
Former Owner of TCI Worldwide
Boston, MA