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Charter Bus Company with Steady School Customer Base

This privately held charter bus company has 23 years of operating history in the San Francisco Bay Area. They provide local and long-distance, chartered travel services to a wide variety of customers including schools, universities, corporate events, conventions, weddings, private parties, and many more. Staffed with highly trained and properly licensed bus drivers, 70% of the company’s revenue is generated by school-bus rentals from multiple school district clients. The company is highly profitable with consistent annual EBITDA above $1.2M and Sales Revenue above $5.5M in 2019. With consideration adjustment to the COVID-19 impact Projected sales and revenue for the TTM leading up to May 2021 will be above $4M. Revenue is diversified with no one client bringing more than 10% of the revenue. The business conveys a modern fleet of vehicles including 27 upgraded luxury coaches ranging in size from 23 to 61 seats. This is a great opportunity for anyone who wants to expand their travel or rental business to include charter bus rentals, or enter the massive San Francisco Bay Area charter bus market with a solid customer base and a team of highly qualified, professional drivers.

Transportation and Warehousing
California
San Francisco Bay

Financial Information

No

Company Information

No
No
No
Yes
1997

Seller Information

Helen Liu
Sunbelt Santa Clara County
Santa Clara County, California