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Businesses For Sale   >>   Transportation - Airplane, Taxi, and Limousine Businesses For Sale

Transportation Service

Location  Indiana,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $2100000
Net Profit / Cash Flow  $1500000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2008
Number of Employees  50 - 99
Relocatable  Yes
Number of Employees  50 - 99
Real Estate  Leased
Reason for Sale  Growth beyond owner control

Description  
Turn-key operation, currently running strong... too strong. - Dominant player in Indiana, state-wide authority with offices in Gary, Lafayette, and Evansville; - 40 licensed, insured, and credentialed vehicles; - Digital dispatch system utilizing Mobile Data Terminals for communication with drivers; - Over 70 contracts, including Federal, State, and private agencies - railroads, hospitals, hotels...; 60 workers, including employees and contract drivers; Cash flow for this company is around $2.1 million/yr. Current owners are willing stay on as employees/advisors, at new owners' discretion. Current employees/drivers are willing to stay on in current positions, at new owners' discretion. We started as a small transportation service in Evansville with 4 vehicles, and through hard work and discipline have grown to be the largest Medicaid transportation company in the state. The service is quite profitable ($200,000 annually), but has outgrown current ownership. Indiana has asked us to expand further, and we do not have the ability to control the growth. We did not anticipate the business going so strong, and again it has outgrown what we are capable of handling. For any serious inquiries please call Bill Kramer at 812-773-1218


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