Bus Charter Company

The Company functions is a top-tier transportation provider, focusing on guided tours, diverse travel needs, and special events. Vehicle offerings include motorcoach, shuttle bus, and minibus charter rentals, designed to cater to groups of any size for various occasions and excursions. Additionally, the Company operates a full-service fleet and auto shop, ensuring comprehensive capabilities beyond transportation requirements.

Key Aspects

• Revenue grew at a compound annual growth rate (CAGR) of 107.8% from 2020 through 2023

• Adjusted EBITDA margins have averaged 21.2% from 2020 to 2023

• Operates with an extensive and varied fleet of charter buses

• According to management, in 2023, 85% of revenue was generated from repeat clients

• The Company's drivers are all W-2 employees, 19-A certified, screened, and approved by the US Department of Transportation (DOT) and New York State Department of Transportation (NYSDOT)

• Low client concentration with no single client accounting for more than 8% of 2023 revenue

Opportunities

• Add search engine optimization (SEO) to the Company's websites to improve visibility and attract new clients

• Leverage eco-friendly marketing strategies to differentiate the Company and fulfill client desires to support sustainable businesses

• Increase marketing in metropolitan areas to grow client base and revenue

• Partner with luxury hotels and resorts, to provide premium transportation solutions and secure a reoccurring revenue stream

• Enhance marketing strategies for fleet and automotive service repairs to drive revenue growth

Headquartered

• Northeast, US

Current Markets

• The Company primarily serves the tourism, event planning, education, corporate travel, religious organizations, and senior living markets throughout the US.

Real Estate

• The Company owns and operates from two facilities totaling 45,744 sq. ft., which are expected to be included in the sale.