South Florida Bus Company
Location: Florida > Southeast Florida
Industry: Transportation > Other Transportation
Financials
Asking Price: $2,595,000
Gross Revenue: $1,847,022
Cash Flow: $487,228
Inventory: $50,000 (Included in Asking Price)
FF&E: $1,597,100 (Included in Asking Price)
Seller Financing: Owner willing to finance: Loan/Seller - Amt: 2,000,000 Mos: 120 Rate: 8.00 Mo Pmt: 24,265.52
Business Summary
Outstanding opportunity to purchase a well managed south Florida bus company. Business is 65% contracted with fuel and insurance accelerators, and 35% charter. Fleet consists of mostly Prevost coaches and 25 passenger Fords, all in excellent condition. Maintenance is done on site. This is a family operated business and the owners will consider holding paper for the right buyer. Buyer prospects must qualify with a resume and financial statement.
About the Business
Year Established: 1988
Employees: 25 full time - 20 part time
Facilities: Lease/Month: 3534 Square Footage: Parking Lot Building Type: Shop, Office, Terms & Options: +5% per Year Expiration Date: 11/25/2013
About the Sale
Management Training and Support: Seller will train buyer for four weeks at no cost to buyer.
Reason For Selling: Retirement
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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