Jim Span, Business Broker
The Chase Group
1902 Wright Place, #200
Carlsbad, CA, 92008
School Bus Fleet Operation for Sale
Asking Price: $ 3,434,528
Location: San Bernardino County
Down Payment: $ 3,434,528
Total Sales: $ 1,832,599
Discretionary Earnings: $ 775,560
In business for 40+ years, this well-established, highly-profitable transportation company is now available. All 29 Buses included in the sale have recently been inspected and appraised. The two parcels of property being sold with the Business were recently appraised including the buildings on the property. One property has a dwelling and the other property has both a dwelling and an on-site fueling and maintenance shop. The larger parcel has room for existing fleet of buses plus additional space for growth. Currently the company services a large school district in San Bernardino County, Southern California and is in the second year of a five-year contract. Sales continue to increase with an average of one or two routes added every year.
Inventory:Included in asking price
Real Estate:Owned, Included in asking price
Employees:6 F/T 27 P/T
Support & Training:Owner is open to discussion regarding training period.
Reason for Selling:Relocation and retirement