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PDFChartered Bus Company Business for Sale in Northern Va. Area
Listing ID:
CHARLVA001321
CHARLVA001321
Sunbelt of Charlottesville
View all listings from this officePhone: (434) 974-4550
Fax: (434) 974-1814
The following broker is assigned to this listing:
Robert Strotz
bob.strotz@sunbeltnetwork.comCell: 434-989-8397
Description
Chartered Bus Company Business for Sale in Northern Va. Area
This charter and commuter bus service business for sale 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, D.C. Transportation provided 7 days. This well-known and well-established chartered bus business for sale has served the area for over 50 years. The chartered bus business for sale 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. FFE includes 35 buses valued at $700,000. This business is well positioned for future growth. Absentee owner has not aggressively marketed the business in recent years. Seller will consider selling the business without the real estate for $1,400,000. Seller would offer a long-term lease for the real estate. Seller will finance $800,000 for building. Business doing extremely well.
Financials
| Asking Price: | $2,200,000 |
|---|---|
| Revenue: | $3,400,000 |
| Cash Flow: | $570,000 |
| Downpayment: | N/A |
| Monthly Payroll: | $12,000 |
| FF&E Asking Price: | $800,000 |
| Inventory Asking Price: | $200,000 (Included in Asking Price) |
| Financing Available? | No |
Property
Real estate is unavailable for this listing.Other
| Franchise? | No |
|---|---|
| Homebased? | No |
| Relocatable? | No |
| Year Established: | 1941 |
| Year Acquired: | 1986 |
| Full-Time Employees: | 28 |
| Part-Time Employees: | 36 |
| Reason For Sale: | Partial Retirement Seller owns another bus company in a different market. |