Chittenden Valley Transportation Services

A Transportation Company• With two decades of Profit & Loss Responsibility

Leading a Bus Enterprise with up to 100 finger-printed / drug tested DOT CDL drivers, 10,000 Riders, and East Coast Wide deployment to include Special Needs populations – Executive, Kenneth Martin, is creating a new 10 Bus Operation serving Northern, Vermont. Mr. Martin has lead one of the business most successful School Transport Hubs in the State of Vermont.

Goal – A 10 Bus Fleet• A 10 Bus Fleet• 40 Full Time Employees• Schools, Churches, Events, Tourism,

Hospitality, Weddings, Valet, Shuttle, Special Needs Transportation – for Users Requiring Qualified, Trained, DOT Compliant, School Safety Security Verified Staff

We Are Doing Something Right• We have one bus now 24 passenger• We are billing 30 hours a week• Earning $1,500 per week• $6,750 per month !

The Available Hour Universe• 168 Available Weekly Hours• 10 Buses = 1,680 Billable Potential• Reality: 2 Bus Per Week Required to move through DOT Compliance,

Inspections, and Maintenance• Normal 8 Buses Billing 5 hours per day• $50 X 5 = $2,500• $2,500 X 5 day = $12,500 Week• 26 Week calendar = Fleet Gross $325,000• Or $40K per bus• Cost per day for 8 Drivers – 8 X 5hrs = $1,600• Cost Per Day Fuel / Maintenance $100 per bus = $800• $12,500 – $1,600 - $800 = Gross Margin $10,100• Minus Ownership Cost / Debt Service / Admn

How It Works

• Buses Are Chartered• 24 / 7 / 365 Availability• As Little as One Hour’s Notice Required• Charter for $50 per hour with Two hour

minimum paid by Credit Card, Weekly or Monthly Billing

Planned Breakdowns / Breakage Cost

Debt Service – Admin – Accounting Cost

What Stuff Cost – What is Now !

Fluids, Bulbs, Oils, Med Kits, Extinquishers, Belts

Operator / Driver

Operator / Driver

Assuming 5 Buses

Who Does This Now• Over 200 School Bus Companies in Vermont• First Student• Mountain Transit• Municipalities and Cities

Competitive Advantage• Lower Cost Than Average• Short Fast Response Time• Handle Runs Others Don’t• Prequalified high-end drivers from schools• Flexible Billing and Payment• A Trusted Name in Transportation Services

comparable to Nike, Ben & Jerry’s, LL Bean• A flat management structure

The $$$ We Seek to Borrow• We’d like $65,000 to borrow to buy a second

hand 72 passenger bus to add to our fleet• And we’d like a $25,000 Line of Credit to

balance Cash Flow between clients that pay weekly and pay monthly – Line of Credit will cover maintenance, inventory purchases of Oil, Antifreeze / coolant, belts, bulbs, med kits and fire suppression equipment

What We Want to Buy Now

Chittenden Transportation Services