Chartered Bus Company
Location Virginia,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2700000
Net Profit / Cash Flow $400000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1941
Number of Employees 50 - 99
Inventory 1000000
Relocatable Yes
Number of Employees 50 - 99
Real Estate Owned
Reason for Sale Retirement.
Description Charter and commuter bus service serving Washington, DC and Northern Virginia. Business office, bus parking lot, and large repair facility is located on a 2 1/2 acre lot in a northern Virginia city on a major interstate near Washington, DC. Well-known and well-established business has served the area for over 50 years. The business serves all aspects of the market-chartered tours, local and regional events, and monthly commuter service. Operates out of a large facility in a prime location off Interstate 95. Full time drivers are well trained and reliable. Buses are well maintained. This business is well positioned for future growth. Absentee owner has not aggressively marketed the business in recent years. FFE of $800,000 includes 41 buses valued at $700,000. Seller will finance $850,000 for building. Seller will consider selling business without the real estate for $1,400,000. Seller would offer a long term lease or financing for the real estate. Asking Price $2,200,000. Call 434-974-4550
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