Beach Lake, Pennsylvania
Ad ID: 1568450
Type: Established business
Category: Services – Local Passenger Transportation
Category: Services – Other Travel & Transportation
Included in the Asking Price:
Real Estate: $400,000
Cash Flow: Not Disclosed
Avery Transportation was founded in 1930, and the charter bus company is currently owned and operated by Lyle Avery, who represents the 3rd generation of family ownership. They entered the chartered bus market in the late 1950s, and the company now focuses exclusively on the operation of their 9 charter buses. Avery primarily caters to local schools for athletic events and services many regional summer camps. They also provide chartered bus rentals for group transportation to cities, concerts, sporting events, cruises, theaters, casinos, weddings, and other family and professional events. They also manage some company-chartered tours for popular regional events. The business operates primarily through word-of-mouth referrals and repeat business, having catered to customers transportation needs throughout the region for almost 90 years. The companys 9 charter buses are included in the sale and valued at $1,700,000. A bus valuation list is available. The companys website is: www.averytransportation.com.
Year Established: 1930
Facilities: An October 2018 Commercial Real Estate appraisal established a market value of the property of $400,000. A copy of the appraisal is available for qualified buyers. There are 3 buildings on the property: 1) a main garage for maintenance, service, and vehicle storage, 2) a metal garage for vehicle storage and spare parts and supplies, and 3) a storage barn for supplies, etc. There is also ample parking onsite for customers to safely park and leave their cars when they board a bus.
Competition: The business has an excellent reputation and a nearly ninety year successful track record.
About the Sale
Support/Training: The Seller will be available for 30 days to assist in the transition of ownership as part of the purchase price. The owner is also available for a mutually agreeable period of paid consulting.
Reason Selling: Retirement
This business for sale has a Web Site: www.averytransportation.com