Property Details

The business provides for-hire group transportation services across a multi-state region, generating roughly $1.6M annual revenue with adjusted EBITDA near $0.5M and a five-year adjusted EBITDA range of about $0.4M–$0.7M. It operates a 13-vehicle commercial passenger fleet with an estimated original cost near $1.3M, serving a diversified mix of transportation partners, private groups, schools, public agencies, higher education, religious organizations, and commercial clients.Revenue increased from roughly $0.6M to about $1.6M over five years, with positive operating income every year and a cost structure anchored in labor, fleet operations, and insurance. The company earns money through contracted group movements, charters, and tours, with repeat work flowing from transportation and charter brokers, tour operators, and institutional accounts. Invoice analysis across about 1,000 invoices and more than 200 customers shows broad diversification, meaningful repeat usage, and limited single-customer dependence.The operation focuses on commercial and institutional passenger transport, supported by an established operating facility that provides fleet parking, dispatch, and maintenance functions. Normalized financials separate recurring operating performance from owner-specific, financing, tax, and capex items, giving buyers a clear view of sustainable cash flow. With the owner pursuing a sale for health-related reasons, the opportunity offers a turn-key regional platform where a buyer introduces stronger systems, sales processes, and fleet utilization discipline to scale an asset-backed passenger transport business with a multi-year record of positive operating performance.