UNDER CONTRACT | Exceptionally Profitable School Bus Operator
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About this business
In the broker's words
Full description, as written by the brokerOutstanding opportunity to acquire the dominant regional provider of school-run services and charter buses.
The fleet of buses is constantly expanding with the latest in technology and comfort. Coaches are regularly maintained and serviced in-house, then cleaned to exceptional standards. All drivers are local, undergo yearly assessments, are qualified above industry standards, and are renowned for their excellent service.
While the business has placed a great deal of emphasis on strategic relationships within its core market, the current owner believes that the business has the capacity for further development and success. A recent influx of residents, along with rapid community expansion throughout the region, presents an excellent opportunity for growth.
State school bus operators enjoy exceptional benefits: the contracts have an automatic right of renewal, the buses are 100% subsidised upon renewal, including an allowance for interest, and payments for operating the service are received as scheduled.
Business Highlights:
- Operating in the region for over 65 years
- Fleet of 50+ buses, plus other vehicles and trailers
- Own workshops for prompt servicing and maintenance of fleet vehicles
- 16 evergreen government-school-based contracts, with 100% subsidised fleet
- Recently won a major private school contract
- Bus fleet and workshop assets valued at $9m+ included
Key Financial Information (forecast):
Revenue: $7,100,000 FY 2026 forecast
PEBITDA: $3,300,000 FY 2026 forecast
Asking Price: $13,500,000
Listed by Ivan Carlse
Key facts
Details are as stated by the broker.
- Business type
- Bus/Coach
- Established
- over 65 years (from the broker's description)
Details are as stated by the broker in the description and have not been checked by Business For Sale.
Location
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