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Businesses For Sale   >>   Absentee Businesses For Sale   

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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