Business Description

This well-established Ohio-based passenger transportation company offers reliable charter bus services with a versatile fleet accommodating from 1 to 56 passengers per vehicle. With over 25 years of experience, they take pride in providing top-notch and affordable transportation options. Their vehicles and wheelchair lifts undergo meticulous inspections and repairs by skilled drivers and mechanics in their own shop, ensuring high-quality service. With approximately 100 contracts spanning private and government sectors, this company is a leading player in the transportation industry. The current owner values the business at $16-$17 million, factoring in $7 million in capital leases that the new owner would need to assume. Despite the debt, the business generates a solid $3 million annual cash flow. Boasting a strong track record and reputation, this company presents a lucrative opportunity for potential buyers looking to enter the transportation market or expand an existing portfolio.