Does this school bus contractor really make $700k?! - Acquisitions Anonymous 271

In this episode of Acquisitions Anonymous, Heather and Mills analyze a $3.5 million school bus operation for sale in New Mexico. They discuss its financials, including a $2.5 million gross revenue and $700,000 EBITDA, and explore challenges such as maintenance costs, regulatory compliance, and the reliance on contracts with school districts. The discussion highlights the risks of customer concentration and the difficulties in scaling the business due to high capital expenditures and limited growth opportunities. They conclude that while the business has a stable client base, its complexities may make it a less attractive opportunity for potential buyers. The episode emphasizes the importance of due diligence and understanding the intricacies of such specialized business transactions.Check out the listing here: https://www.bizbuysell.com/Business-Opportunity/established-school-bus-operation/2196778/Thanks to our sponsors for this week!  Acquisition Lab and their team have been longtime supporters of the pod. Created by Walker Diebel author of Buy Then Build: How to Outsmart the Startup Game, is an accelerator with a highly vetted cohort-based educational and support community for people serious about buying a business. Acquisition Lab exists to help people buy a business and navigate all the complexities of the process, as well as provide a trusted framework, tools, and resources to support you from search to close. If you are serious about buying a business, check out acquisitionlab.com or email the Lab's director Chelsea Wood, [email protected]. ------------- CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options. Subscribe to weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at [email protected]

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