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Business for Sale Summary

Established School Bus Company for sale in NJ - 34578

Business Type: misc. service/non-classifiable,other business services,other personal services,passenger transportation / limo/ bus companies
Established School Bus Company for sale in NJ
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This business has received 59 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $450,000 Down Payment $450,000
Gross Revenues $548,147 Lease Remaining Register Free to View
Owner’s Cash Flow $105,395 Number of FT Employees Register Free to View

Financing

$450,000 Down and

Business Description

A great opportunity to secure a stable income! A school bus company established in 2001 and currently located in Bergen County, New Jersey is available for sale. Along with the company, the seller will be handing over all 10 school vehicles, which consist of (6) yellow buses, (3) minivans, and (1) 4-door sedan. The vehicles are fully insured, licenced, and inspected! As it stands now, the company has eight standard school bus routes under 12-year contracts. Two of said routes have four years left on their contracts and six routes have eight years left. As is the nature of working in the school bus transportation business, profits are high with potential for more growth. Don't miss out on this golden opportunity! It won't be on the market for long! For more information, please call Gerald Nimberg, Senior Business Broker of Vested Business Brokers at (646)-269-4616.

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.