School Bus Business in Middlesex County - 33329

Financing

$6,600,000 Down and Seller will consider financing, qualified buyers must have $2m in liquid funds.

Business Description

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.

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