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Financing: $6,600,000.00 Down and Seller will consider financing, qualified buyers must have $2m in liquid funds. Reason for Selling:Retirement Can’t ask for a newer fleet or a more profitable school bus company. And now the newly equipped mechanics shop (owned by the same family) is included in the sale.
Starting from scratch twenty years ago, this Middlesex County school bus company has grown to prominence.
It now transports special needs children in Middlesex, Somerset, Monmouth and Ocean Counties as it continues its upward climb.
The vehicle list is impressive, 36 vehicles of which 23 are brand new or less than 4 years old. 25 of these are 16 to 20-seat yellow school buses and each vehicle is equipped with one or two wheelchairs.
The mechanics shop turns away most business focused instead on the company fleet.
The company has 28 routes, 24 drivers, 15 aides and 6 extra buses to accommodate growth and maintenance. The company services Middlesex, Somerset and Monmouth Counties.
Please note there is a $2.0 million equity capital proof of funds requirement for potential buyers.
For more information, please call Gerald Nimberg, Senior Business Brokers at 646-269-4616.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. |
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |