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Profitable Transportation Business with Owner Financing

Listing Number: 0101-910956

Description

Owner Financing for Qualified Prospects. Over $600,000 in physical assets included. Established for almost 30 years, this privately owned school bus transportation company services Palm Beach, Broward and Miami Dade counties. All drivers are W2, licensed and certified by the tri county public school system and the fleet of over 50 sixty-five passenger buses are maintained and inspected by the county every 28 working days. All buses are dispatched by a live operator and tracked via GPS software. This company adheres to all federal transportation employee regulations and is a drug free workplace, under contract with the Health Care Center of Miami. This business concentrates on charter and private school routes in addition to lucrative field trips and sporting events throughout the tri county area. There is an operations manager in place, to which the seller is only involved about 10 hours per week and is seeking retirement from the industry. Excellent books and records, recurring revenue from client contracts (assumable), great immigration Visa opportunity. Parking lots are owned by principle and fair market leases are being offered (lots are not for sale). This is a highly confidential sale, to which all prospects must provide proof of funds at this price level.

Listing Details

  • Price: $950,000
  • Down Payment: $500,000
  • Sellers Discretionary Earnings: $183,632
  • Total Sales: $2,166,505
  • Location: Miami-Dade County, Florida

  • Inventory: $0
  • FF&E: $72,000
  • Employees: 38
  • Year Established: 1994
  • Reason for Selling: Retirement
  • Category: Transportation
Profitable Transportation Business with Owner Financing

Contact Agent:

Thomas R Milana, P.A. CBI
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