Transport and Bus Business for Sale in NJ - 35223 Business Type: seller financing available,passenger transportation / ambulette,passenger transportation / limo/ bus companies
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $750,000 | Down Payment | $500,000 |
| Gross Revenues | $801,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $110,000 | Number of FT Employees | Register Free to View |
Financing
$500,000 Down and balance at 6% over 12 months
Business Description
Looking for a stable yet growing income? Look no further than this established school bus company in Essex County, New Jersey! In operation since 2010, this company not only provides school bus transportation but also medical transportation services for Medicaid and Medicare patients. With 14 school bus contracts, including 10 that renew automatically, each year, this business offers a steady stream of revenue and profits. The medical transportation side of the business comes complete with NJ state licenses for transport, including NPI, AMAV, and BLS, and a state Medicaid contract. Both divisions are increasing year-by-year.
The sale also includes 15 vehicles, including 2 ambulances, 6 W/C vans, 5 minivans, and 2 yellow school buses. Seller financing is available for qualified buyers. Contact Gerald Nimberg, Senior Business Broker at Vested Business Brokers at 646-269-4616 for more information on this great opportunity!
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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