Transportation Business in Essex County, NJ - 29737 Business Type: misc. service/non-classifiable,other business services,passenger transportation / ambulette,professional services
Acted as the Advisor to the Deal
Mercer County, NJ
New Castle County, DE
Philadelphia County, PA
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $725,000 | Down Payment | $300,000 |
| Gross Revenues | $1,100,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $245,000 | Number of FT Employees | Register Free to View |
Financing
$300,000 Down and 425,000 at 6% over 60 Months
Business Description
A transportation business in Essex, Hudson and Sussex County, New Jersey has just come on the market. This business provides bus transportation for school and special needs children and ambulatory
vehicle transportation for those with sickness and disabilities. This business is very profitable since the licensing requirements, staff qualifications and the high cost of entry limit competition.
This long-standing company derives its business from the county agencies it serves; moreover, its licensing,
staff and special purpose vehicles are expandable to other New Jersey counties with minimal added cost. In addition to expanding its reach to other counties,
the company can further its growth by serving the private sector such as nursing homes, veteran homes, assisted living facilities and other school districts as well.
This is a turnkey operation; ample training will be provided and essential staff will remain.
Seller financing is available to a qualified buyer.
Please contact the broker at 1-877-735-5224.
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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