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Passenger Transportation and Tourism Company

Off-Market

Fairbanks, AK

Passenger Transportation And Tourism

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Revenue

$1,900,000

Earnings (SDE)

$800,000

Margin

42.1%

Year Established

1991

Listed

30+ Days

Customers

Cruise ship tourists, Aurora viewing tourists, airline flight crew transportation, shuttle charters and tours, and gold mine employee transportation

Customer Acquisition

Word of mouth and 35 years of a well-established reputation in the local area.

Team

15 to 17 employees during peak season. The owner is willing to train and help with the transition after the sale.

Owner's Role

Sole owner and founder, responsible for day-to-day operations and management.

Reason for Selling

Retirement

Contracts

Yes, approximately 60% of peak revenue. The contract renewal is currently uncertain.

Real Estate

Primary location includes a home, business office, and bus barn in an aircraft hangar on a few acres valued at approximately $1,200,000. Secondary location is commercially zoned with an office and yard of approximately one acre valued at approximately $500,000.

When Are You Looking to Sell

3-6 months

Licenses Required

All operating authority granted by the Department of Transportation through DOT numbers, likely transferable to new owner. Insurance renewal and takeover may require additional applications by new owner.

Additional Notes

The fleet consists of approximately 30 pieces of equipment, ranging from full-size tour buses to minibuses and vans.

Business ID: 1726

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