Company Overview
NW Florida
Well-established, turn-key, very profitable shuttle service business located in the Florida panhandle. Founded in 1997, this business offers chauffeur-driven buses for various events serving individuals, affiliates, church groups, corporate clients and more. The business truly checks “all the boxes.” The business offers:
- Fleet of five luxury busses valued at 275k
- SBA pre-approved loan with 10% down
- Longevity (started ’97) with excellent reputation
- Owners benefits 210k+
- Owners (husband/wife team) work a combined 30-40 hrs. /wk.
- Trained & licensed drivers that will stay-on
- Repeat customers (50%) with reservation software
- Transition training at no charge
- Meticulous books and records; all figures taken directly from tax returns and more!
General Information
Year Established: 1997
Employees: 2 F/T; 7-9 P/T
Facilities: The office is home-based; vehicles are stored off site in a secure area. The rent is minimal. The business can be operated anywhere within a 50 mile radius of the current location.
Market Outlook
Growth Expansion: This business has seen steady growth with excellent cash flow for the past several years. The owner stays within a relatively close proximity to office, does limited advertising & no salesman.
About the Sale
Training: The seller will provide sufficient training to ensure a smooth transition at no charge. Additionally the seller would stay on as consultant, if required.
Reason for Selling: Seller wishes to devote more time to other business interests.
Financial Summary
Asking Price: $625,000
Revenue: $495,000
Cash Flow: $210,000
Real Estate: Lease
FF and E: $275,000 (incl in sale)