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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

IN-IL-IA Charter Bus Service Company

Location: Midwest
Asking Price: $1.9M
Gross Revenue: $4M
Business Description:

Midwest premier transportation services company offering charter service in the region. No fleet vehicle older than three years. Service is provided nationwide to all 48 contiguous states through an affiliate network of preferred vendors. The company offers motor coaches, mini coaches, passenger vans, and many specialty vehicles. Company provides services to more than 600 customers including corporations, national organizations and travel groups.  In 2016, the Company generated $3.83 million in sales representing 29% growth since 2014. EBITDA in 2016 was $702,611.

Seller Financing: Generous Seller Financing available for 5-7 years at 6% to qualified buyer
Mgmt. Training/Support:

Seller willing to stay on for transition and consultation.

Reason For Selling:

Other business commitments.

Facilities:

Facility is leased.  Seller feels business can be run from a small office space or combined with another company.

Market:

Majority of advertising expenses are used for web optimization which has been very effective.

Outlook/Competition:

Company has grown 12% from 2015 to 2016.  A sales rep was recently added to the staff who has already landed new accounts which indicates that with little effort and more exposure there is definitely room for growth.

Employees:

Drivers are very loyal.  Seller feels they would remain with new owner.

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