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Chartered Bus Company
Location: United States -> Virginia -> Northern Virginia
Industry: Business Services > Transportation – Airplane, Taxi, and Limousine




Business Summary

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


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $2,700,000
Cash Flow:   $400,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $1,000,000
Seller Financing:  Yes

About The Business

Year Established:  1941
Number of Employees:  50 - 99
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned

About The Sale

Reason For Selling:  Retirement.




Print Listing Id: 70030265
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Also See: Franchise Opportunities > Franchise Resales > Virginia Businesses For Sale > Virginia Franchises For Sale > Virginia Business Brokers



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