Profitable School Bus Company in New Jersey - 36377 Business Type: educational services / schools,misc. service/non-classifiable,other personal services,owner financing available,schools/ education,passenger transportation / limo/ bus companies
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $1,500,000 | Down Payment | $1,000,000 |
| Gross Revenues | $1,200,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $450,000 | Number of FT Employees | Register Free to View |
Financing
$1,000,000 Down and $500k for 12 months @ 0%
Business Description
The owner of this highly profitable school bus company is seeking to retire after 30 years in the school and medical transportation business.
The company operates in Essex County, New Jersey. It has contracts with 10 local school boards for regular and special Needs bus services, and it has a robust on-demand charter bus service as well.
The school bus business is a fragmented industry in New Jersey served predominantly by hundreds of small privately held companies. Growth opportunities are plentiful within the area served for the bus company, the school bus charter business and by the addition of medical transportation which will enable far more efficient use of drivers and vehicles.
It is difficult to imagine a business sector that offers more value for its price and greater growth opportunity.
For more information, contact Gerald Nimberg, Senior Business Broker, Vested 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.
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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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