Transportation Services, Charter and Contract

The Company for sale is a school bus, activity bus and charter bus transportation service company. Operating a fleet of 30 school buses, two activity buses, six motor coaches and one equipment truck, the Company is a dominant player in the local market and the only provider of both school contract service and charter services.

Client Number: 3434
Region: Southwest
Gross: 2,380,000
EBITDA: 738,000
Year Established: 1981
Number of Employees: 34
Franchise: No
Homebased: No
Relocateable: No

Facilities:

The Company operates from a 60,000 square foot facility situated on approximately 7.9 acres. The facility includes office space, mechanic shop, warehouse for indoor storage of buses, and 10,000 gallon above ground double-walled fuel tank.  The space is leased from a related party.

Reason for Selling

The shareholder believes the Company can best reach its full potential by aligning itself with a larger organization that has the experience and resources to fund and manage its compelling growth opportunities.

Management Training Support

Active shareholder willing to remain for a reasonable transition period.

Market Outlook

Management projects conservative future compound average growth (CAGR) of 5%, supported by expectations of new contracts with energy companies as Permian Basin activity increases as energy prices increase.  Further growth will be obtained through extensions of the charter bus services as the eastern New Mexico and western Texas region continues to exhibit strong growth as new industries (solar, wind) and companies (nuclear processing facilities) enter and expand into the region.