Bus Transportation Business For Sale
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $700000
Net Profit / Cash Flow $350000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1984
Number of Employees 4 - 5
Inventory 100000
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training 4 weeks training at no cost to new owner
Reason for Sale Retiring
Description Bussing Company offering charter Bus trips and weekly trips to NY State prisons for families of prisoners.
75% of company revenues are derived from these weekly trips to NY State Prisons.
Started 28 years ago, using the same phone numbers the whole time, this bus company primarily transports the wives and families of prisoners on weekends... from NYC to various prison facilities throughout NY State.
75% of company revenues are derived from these weekly, weekend trips.
The other 25% come from bus charters by groups and schools.
Company has rights to charter busses to Atlantic City, but it not capitalizing on those rights.
Also may state runs could be bid on.
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