Growing school Transportation Company with recurring revenue from long term clients.
NY State DOE approved Transportation Company serving large public school districts and other organizations in the 5 boroughs.
They pride themselves on their excellent reputation and their long term (30+ years) customers. They offer personalized service and have built their business mainly through word of mouth.
The company has a wide client base and the opportunity to expand. Currently turning down work. No debt - the business owns all of its vehicles and have no lease/loan payments.
The company has a dedicated staff and has streamlined its operations and maintenance which leads to strong profit margins.
The company rents a 50,000 sf facility. There is additional space available if the new owner needs it for expansion of the business. The lease is a net lease and is renewable.
A great opportunity for growth exists, through marketing and adding many more school boards in the area.
The industry is highly fragmented with several smaller and larger competitors. There has been consolidation in the industry with the large companies buying the medium size companies and the medium size companies buying smaller companies.
Will train for 2 weeks @ no cost Services and revenue breakdown: School transportation - 70% Summer camp transportation - 15% Charter service - 15%