Limo Business for Sale in Michigan

Detroit MI / Student Bus Service / ADD ON / $501K Adjusted EBITDA

Detroit MI / Student Bus Service / ADD ON / $501K Adjusted EBITDA Company Description The business is a regional provider of essential K–12 transportation services, delivering daily home-to-school routes, athletic and event transportation, field trips, and summer program services to public school districts within a concentrated geographic area. It operates a company-owned fleet and serves hundreds of students under long-term contractual relationships with municipal school systems. The company’s model is built on multi-year agreements (typically 3–5 years), generating highly predictable, recurring revenue tied to non-discretionary, publicly funded services. Its localized operating footprint enables efficient route density, high fleet utilization, and strong service reliability. Over time, the business has developed durable relationships with school districts, resulting in consistent contract renewals and a strong reputation for dependable service delivery. Operationally, the platform is lean and scalable, with centralized administration and established routing processes supporting daily execution. Growth is driven by adding new school district contracts and expanding fleet capacity, leveraging existing infrastructure to generate incremental earnings with limited additional overhead.  Key KPIs • Revenue: ~$2.97M (2025)  • EBITDA: ~$501K (2025)  • EBITDA Growth: +637% over two years  • Contracted Revenue: ~94% of total revenue  • Contracted Revenue Backlog: ~$9M–$15M  • Fleet Size: ~35 company-owned buses  • Customer Retention: 12+ years with no major contract losses  • Fleet Utilization: ~180 base school days + 45+ additional days annually  • On-Time Performance: ~98%+  • Employee Base: ~25–30 personnel (primarily CDL drivers)