Operations

Kansas Party Bus Operations Combine Service

Posted on December 5, 2012

WICHITA, Kansas — Spot’s Party Bus, the newest entrant into the party bus business in Wichita, Kansas, closed a deal in October to buy competitor Unified Party Bus. Spot’s opened in June with four  buses, and  the acquisition of Unified’s fleet makes Spot’s the biggest name in the Wichita party bus market.

Spot’s owner, Mike Miller, who also owns the telecommunications service company, Mill-Tel, felt there was a strong enough demand in Wichita to make the expansion worthwhile. He had been running out of buses on busy weekend nights and was working on a fifth bus. Now he believes he can corner the busy Wichita market.

In addition to the traditional weekend Party Bus time, Unified had a strong corporate business for weekday rentals, and Miller plans to keep the Unified name on some of the eight vehicles he acquired from Moore. He will keep the Spot’s name as well, and intends to expand to additional markets.

Ivan Moore started Unified Party Bus in 2003 with just one bus and had grown his fleet to nine. With a wife and daughter and another child on the way, he needed more time with his family and retained The Tenney Group in June to help him achieve that goal. Just four months later it was done.

Information: www.spotspartybus.com

Source: The Tenney Group

Related Topics: business deals, Kansas operators, mergers & acquisitions, party buses

Comments ( 0 )
More Stories
An ROI (return-on-investment) on a moving vehicle is easy to understand, but difficult to keep consistent. (LCT image)
Article

A Walk Through Coach Profits

NOV. LCT: These simple return-on-investment formulas will help you truly see if your buses of all sizes are making enough money.