Hot Listing

Well Established Contract Based Transportation Service For Sale

Asking Price$1,350,000

Cash Flow
$398,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,956,000

Inventory$5,000
Included in asking price
FF&E$300,000
Included in asking price
Real EstateNot Disclosed

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Hot Listing

Well Established Contract Based Transportation Service For Sale


Asking Price$1,350,000

Cash Flow
$398,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,956,000

Inventory$5,000
Included in asking price
FF&E$300,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
Financing Program
Our valuations are prepared with lender expectations in mind and are consistently funded.

Voted Reader’s Choice award for multiple years, this transportation service generates 48% of its revenue via government and long-standing corporate customers.

Accounts include colleges, hospitals, townships, Ontario Works and Ontario Disability Support Program, Canada Post, and YMCA to name a few.

Possibilities for growth are endless and the current owner will ensure a smooth transition to the new owners. Growth can also come from entering other similar urban/small towns nearby.

Given the presence of just one main competitor and the infeasibility of rideshare companies entering this market, it promises to be a stable and highly profitable investment for the new owners.

The business is run from two properties, and both are for sale - or the new owners will enjoy a long term, favourable lease with rights of first refusal on both properties.

There are a total of 4 apartment rentals available if both properties are purchased.

There is a manager in place as well as an experienced team of call takers, dispatchers, accounts receivable manager and mechanics.

$300k in assets included in the sale price.
About the Business
Years in Operation
15
Employees
7
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
Retirement
Transition Support
yes 3 full months
Listing Info
ID
2252901
Listing Views
2865

Contact Seller

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Business Listed by: VBS Group Venture Business Solutions

Listing ID: 2252901 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.