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Multi-Faceted Transportation Company In New England For Sale

Massachusetts, US
Asking Price:
$8,950,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$12,107,083
Cash Flow:
$1,638,083

This company does it all. With a good stock portfolio, you diversify and don't put all your eggs in one basket, so why shouldn't you do that with a business.

This is a once in a generation multi-faceted transportation company located in New England has multiple divisions that provides stability and predictability with revenues and profits. A combination of on-demand services and stable long-established contracts feed into the success of this company both on top and bottom-line numbers.

This is a turn-key operation with all critical staff in place. The company specializes in transportation for medical appointments, tourism, education, corporate and private events and controls all its own maintenance of vehicles.

Tremendous growth opportunities exist in expansion of services, geographical expansion and in AI. Ideal buyer is a strategic buyer looking for expansion or private equity group. Vehicle asset value is roughly $6.6 million and is in addition to the purchase price but is being discounted to $4 million to make the combined asking price for business and assets at $8.95 million.n or larger.

Property Information

Real Estate:

Lease

Business Operation

Management type:
This business has absentee ownership.
Expansion Potential:

Very broad market providing tremendous growth potential. Target markets involve tourism, busing, black car service, non-emergency medical transport and others.

Reasons for selling:

Pursue other interests.

Employees:
90 Full-time and 40 Part-time

Other Information

Furniture / Fixtures value:
$6,862,823 - included in the asking price
Inventory / Stock value:
$325,114 - included in the asking price