School Bus Transport Company for Sale - 36735
Business Type: other personal services,owner financing available,passenger transportation / ambulette,passenger transportation / limo/ bus companies
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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $6,300,000 | Down Payment | $5,000,000 |
Gross Revenues | $3,300,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $1,500,000 | Number of FT Employees | Register Free to View |
Financing
$5,000,000 Down and balance due over 36 months @ 0%
Business Description
A very profitable school bus company located in Essex County, New Jersey has become available. Complete with 38 Routes, 26 vehicles, and a staff that includes the Seller’s family who are experienced and will continue to work for the new owner. The Business is fully licensed to transport Special Needs children over a span that covers the City of Newark and the Counties of Essex, Union and Sussex.
The business continues to grow and must be included in any review of school bus transportation companies. The Buyer should be liquid for a minimum $2.5 million apart from any borrowing.
For more information, contact Gerald Nimberg, Senior Business Brokers, 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.
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.
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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