Photo Courtesy of Julien Bertrand
If there was ever a time to consider investing in a shuttle or motorcoach, now is the time according to a recent report by the American Bus Association Foundation. The report says the U.S. and Canadian motorcoach industry shows steady, solid growth and the vehicles continue to be one of the most flexible, cost-effective, and environmentally efficient modes of transportation.
What makes now such a prime time to decide to buy your own coach or shuttle is the particular type of growth the industry shows. While the number of passenger trips rose in 2012 by 10,453 trips (1.7%) compared to the previous year, the overall number of U.S. carriers and motorcoaches had dropped by .5% and 1.8% respectively.
That means that more and more people are interested in taking advantage of coach and shuttle services, while the number of service operators is dropping and creating new opportunities for enterprising owners.
The survey also found the motorcoach industry continues to be a great sector for small businesses, with almost 95% of the industry reporting less than 25 buses per business.
You can view the full report here.
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