Transportation
Location Massachusetts,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1054414
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance No
Year Established 1980
Number of Employees 35 - 49
Relocatable Not Disclosed
Number of Employees 35 - 49
Real Estate Owned
Training It is negotiable as to how long the current own...
Reason for Sale The owner wishes to pursue retirement at this time
Description This owner operated business was originally established in 1980 and has remained under the same ownership since inception. In addition, the company was officially incorporated in 1990 and has since operated as a Sub S Corp. This business concentrates on special needs transportation, including medical & wheelchair service as well as transportation for students to and from school on a daily basis. It originally began as a cab (livery) service more than 25 years ago. The fleet of vehicles has ranged from 28 cars up to 40 at one time; the owner is presently using 28 authorized vehicles for service. This company operates primarily within 1-5 year contracts which will be honored under the new owner as well. It is noted the buyer will not have to bid or contract with any of the existing school department accounts. This company is centralized within a well known community and is situated in a great location for heavy traffic. It also has excellent room for growth with minimal supplementary expenses. Contact for more information on this Transportation business for sale.
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