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Jul 3, 2020 — 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.
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