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Business for Sale Summary

Bus Business for Sale in Essex County, NJ - 33247

Business Type: passenger transportation / limo/ bus companies,seller financing available,passenger transportation / ambulette
Bus Business for Sale in Essex County, NJ
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This business has received 36 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $2,250,000 Down Payment $1,500,000
Gross Revenues $1,700,000 Lease Remaining Register Free to View
Owner’s Cash Flow $400,000 Number of FT Employees Register Free to View

Financing

$1,500,000 Down and 750K over 24 mos

Business Description

A long-established school bus company located in Essex County, New Jersey has come on the market. Serving Essex, Union and Hudson Counties, this 25-year old company comes with 49 owned vehicles, 42 drivers, 42 aides and 36 repeating school bus contracts. After 25 years, the owners have created a finely tuned operation and will stay on at length to assist an inexperienced buyer. Profits are high and by adding buses substantially more business is available. Owners looking to retire. For more information, call Gerald Nimberg, Senior Business Broker, Vested Business Brokers, 646-269-4616.

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.