Services - Other Travel & Transportation | Services - Local Passenger Transportation

Asking Price	$362,000	Inventory
Gross Income	$560,000	Real Estate
Cash Flow	$103,000	Year Established	2002
FF&E	$170,000*	Employees	19

* included in the asking price

** not included in the asking price

Solid Transportation Company Available To Right Buyer

An established and fully licensed transportation service with a strong reputation and financials for sale by owner. Owner would like to retire to pursue other interests. This five-year-old S-Corporation may be based in Lincoln or Omaha, Nebraska. The fast paced business has a profit growth rate over 1000%. This young corporation achieved profitability in 2005, and has P&Ls that are straight forward, clear, and clean. The business enjoys high-visibility and has achieved a great reputation with its public and corporate clientele. Also, it holds a number of solid growth opportunities for the right buyer. This company has the favorable position of government protection, as it holds hard-fought exclusive licenses through the Nebraska Public Service Commission. Barriers to entry for future competitors are very high, and thus the company enjoys having very few direct competitors. This business has strong financial fundamentals, a dedicated and solid employee base (3 full-time and 16 part- time), and rapidly increasing revenue and profit numbers. Sale is by owner. I would like to sell this business quickly and for a reasonable price to the right buyer. Serious inquiries only, and expect hard questions and the ability to provide basic personal financial information in a timely matter. The right buyer for this company is someone who has the financial, creative, and basic abilities to maintain the core business, continue the rapid growth rate, and have the ability to exploit the many development prospects available. The business will be sold for a reasonable industry standard multiplier of cash flow based on the last 12 months of P&Ls. With our rapid growth rate, the price is somewhat fluid and obviously climbs monthly. No real estate is part of the sale.

Facilities: Vehicles (9) Office Equipment and furnishings.

Competition: The corporation does business in a highly regulated environment. The business holds specific licenses issued by the State of Nebraska which were won through a lengthy and expensive hearing process. Barriers to new entrants are very high, and thus the company enjoys a minimal field of opponents.

Growth/Expansion: Growth opportunities are numerous. As a young company in wide open market, future growth opportunities abound. Since it operates in a closed field of competitors as described above, many prospective business opportunities lay ahead for the company. Specific examples available on request.

Financing: Will consider for the right buyer.

Support/Training: I will provide 30 calendar days of basic training, followed by a 60 day period of on-call consulting, then a negotiated period of on-call consulting for a reasonable rate. I want to ensure this company is successful for many years to come.

Reason Selling: Owner is retiring from business and pursuing other interests.