IN-IL-IA Charter Bus Service Company
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|
Seller willing to stay on for transition and consultation.
|Reason For Selling:||
Other business commitments.
Facility is leased. Seller feels business can be run from a small office space or combined with another company.
Majority of advertising expenses are used for web optimization which has been very effective.
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.
Drivers are very loyal. Seller feels they would remain with new owner.