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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.

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Listings

Houston Texas Area Charter Bus Business

Location: Texas
Asking Price: $4,100,00
Gross Revenue: $1,900,200
Cash Flow: $540,033
Business Description:

 

  • 20-year steady profit and cash flow
  • Top Customer is multi-year contract
  • Manager of 15 years staying
  • Positioned to Scale Immediately
  • 50% of Fleet 2012 to 2016
  • DOD Certified many years
  • Top 20 Customers equal 40% of Revenue

Summary:    In addition to providing the owner substantial income each year in salary and bonuses, this

twenty-year old charter bus business in Texas provides an additional $100,000 to $150,000 in
annual equity buildup in the fleet.  Seller has created equity in fleet estimated to be $1.3 million.

Advantage:  There are only twenty-four (24) DOD Certificated motor coach operators in Texas! Seller has communicated that a Buyer can couple the DOD Certification with a Quality Industry Brand (developed over 20 years), and win bids and accounts that other operators do not qualify to bid on.

Value of the Department of Defense Certification (DOD) - Many Colleges, Universities, High School Band and Athletic Departments, Meeting and Events, Corporations, Professional Sports Teams Events, Conventions, Political Groups and others require a DOD to do business with bus companies.  All military work requires DOD certification.

Seller spends approximately 25 hours per week working at this business while he owns and manages other business operations.

This business is well-known for customer satisfaction, dependability, clean equipment and a great support staff.  Customer base includes surrounding high schools, colleges, churches, travel agencies and the military with a high expectation of client retention.

Seller Financing: Up to $600,000 available to qualified buyer
Year Established: approximately 1996
Reason For Selling:

Preparing for retirement.

Outlook/Competition:

Seller believes a new owner with energy and focus could produce greater profits, cash flow and fleet equity while taking business to next level.

Employees:

Seller feels employees would stay on with new owneer.

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Russ Cooke
Former Owner of TCI Worldwide
Boston, MA

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Optimum Trucking & Optimum Transport
Dallas, TX

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Alabama Trucking Company

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Managing Partner, Stony Hill Business Brokers
Trevose, PA

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10 Million Transport Company
North Carolina

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Owner
North Hollywood, California