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Business for Sale Summary

Fast Growing School Bus Company for Sale in NJ - 35694

Business Type: misc. service/non-classifiable,other personal services,passenger transportation / limo/ bus companies,seller financing available,passenger transportation / ambulette
Fast Growing School Bus Company for Sale in NJ
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This business has received 141 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $520,000 Down Payment $420,000
Gross Revenues $1,350,000 Lease Remaining Register Free to View
Owner’s Cash Flow $400,000 Number of FT Employees Register Free to View

Financing

$420,000 Down and Balance of $100k for 24 months @ 7%

Business Description

Looking for a stable yet fast-growing income? This well-established and highly profitable school bus company serving Essex County, New Jersey has been in operation since 2010 and has grown considerably in the last few years. It comes with 12 automatically renewable school bus routes, 12 state inspected vehicles and 12 qualified, state approved drivers. The structure is in place to grow this business further and, in fact, two additional routes are pending. Owner seeking to retire. Contact Gerald Nimberg, Senior Business Broker at Vested Business Brokers at 646-269-4616 for more information on this great opportunity!

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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.