Ad ID: 1471228
Type: Established business
Category: Services – Local Passenger Transportation
Included in the Asking Price:
Cash Flow: $65,000
This company has been entertaining visitors since 1976. They are an integral part of the tourism industry. Tours are in demand from March through October; and winter months, which are weather dependent. This is a fun business to run as it suits everyone, no matter the age. Drivers enjoy relating to the area and build a great rapport with customers. Owner-operated since its inception, and run with pride for over four decades, this company has built a solid reputation among visitors to the area, as well as with local businesses who recommend the tours to their customers. They are the only company allowed to conduct motorized tours in this area (limited by the Transportation Authority), so there is virtually no competition.. Profits remain stable during economic downswings as the tours provide reasonably priced entertainment for families. Some profits come from chartered group tours, and this could be expanded. The sale includes a 29-passenger trolley, two 32-passenger tractor trailers, and CPCN required by the Transportation Authority. This gem of a business would be perfect for an owner/operator who enjoys meeting people from all over the world, has a passion for teaching and telling stories.
Year Established: 1976
Facilities: One 29-passenger trolley and two 32-passenger tractor trailers. All vehicles are well maintained. Very small overhead as Seller leases a couple parking lot spaces and off-site parking.
Competition: They have no competitors�no other business is authorized by the Transportation Authority to do motorized tours in this area. The company started 1976 and has become a mainstay. They have excellent relationships with the local businesses and get many referrals from them.
Growth and Expansion: New and returning visitors love to learn about the history of the area while on a fun and very affordable tour. A new owner could increase revenues by advertising local businesses inside the trolley and trailers. An online presence would also create more exposure for the company.
About the Sale
Reason Selling: Retirement