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Financing: $1,200,000.00 Down and balance at 6% over 36 months Reason for Selling:Moving Seller financing is available to a qualified Buyer. Minimum $800,000 cash availability required.
Looking for a fast-growing, long-term, multi-purpose, highly profitable business?
This established school bus and non-emergency medical transportation company in Essex County, New Jersey is all of that. Growth in this business continues to climb. Gross revenues are up 25% over 2023 and 120% over 2021 and Seller’s Discretionary Earnings (SDE) are up 36% over 2023 and 146% over 2021.
The company comes complete with 24 school bus route contracts and national and New Jersey State licenses for transporting Medicare and Medicaid patients including its Medicare Network Provider ID (NPI), State licensed Ambulatory (A), Assisted Mobility Vehicle (AMAV), and Basic Life Support (BLS) as well as its contract with the State of New Jersey to transport Medicaid patients.
The sale includes vehicles, licenses, contracted routes, leases and 3rd party contracts all free and clear of liens or judgments and each inspected and approved by the State.
The Owner is seeking to retire. He will accept a 50% Partner.
Contact Gerald Nimberg, Senior Business Broker at Vested Business Brokers at 646-269-4616 for more information on this great opportunity!
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 |