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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.

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Listings

Northern California Charter Bus Business

Location: Northern California
Asking Price: $3,375,000
Gross Revenue: $3,349,922
Cash Flow: $972,437
Business Description:

Even though this company has more than multiply decades of experience there is still room for growth.  Company offers a variety of services from a simple airport transfer to Corporate Charters; Convention Shuttles; School Field Trips; and over-the-road service.  In addition to their fine service they have loyal drivers and management level staff members that would be in place and would remain with the company.  The company also receives fuel discounts that are transferable to new owner which adds profit to the bottom-line.

Seller Financing: $325,000 over 4 years at 5.5% interest
Mgmt. Training/Support:

Owner willing to provide training during transition period for a maximum of 6 months being compensated after initial 2 weeks.  As stated earlier there are staff members in place that are wanting to stay on and able to run this business.

Reason For Selling:

Retirement

Facilities:

Facility is available for sale or lease.

Market:

There is room for growth as current owner has not tapped into potential areas.

Outlook/Competition:

Customers have been very loyal and most have been with the company for 10+ years and seller feels they would remain.

Employees:

Seller feels that all current employees would stay with new owner and are very loyal.

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“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

"I recently worked on a deal with The Tenney Group. I found their transaction team to be extremely detail oriented and knowledgeable of the trucking industry."

James Perry
Optimum Trucking & Optimum Transport
Dallas, TX

"Not certain of my next move, I reached out to the Tenney Group. My trucking company was experiencing considerable growth and I felt it was a good idea to have them..."

Alabama Trucking Company

"In his role of advisory to the buyer and my role, representing the seller, I found Spencer Tenney to be very professional, knowledgeable and hard-working."

Kevin Freeman
Managing Partner, Stony Hill Business Brokers
Trevose, PA

"Tenney Group's experience and knowledge of the industry made them a good fit to help us with our strategic planning. Their commitment to service and personal attention..."

10 Million Transport Company
North Carolina

"I have told my wife if anything should happen to me, call The Tenney Group, I know they will take care of you."

Chris Hundley
Owner
North Hollywood, California