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Transportation Service
Location: United States -> Indiana -> Evansville
Industry: Business Services > Transportation – Airplane, Taxi, and Limousine

Business Summary

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


Asking Price Range:  $500K - $1.0M
Gross Revenues:   $2,100,000
Cash Flow:   $1,500,000
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2008
Number of Employees:  50 - 99
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Reason For Selling:  Growth beyond owner control

Print Listing Id: 700208802
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Also See: Franchise Opportunities > Franchise Resales > Indiana Businesses For Sale > Indiana Franchises For Sale > Indiana Business Brokers

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