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Business for Sale Summary

Niche Transportation Company in New York - 36089

Business Type: agents/brokers,misc. service/non-classifiable,must sell/drastic price reduction!,passenger transportation / ambulette,owner financing available,passenger transportation / limo/ bus companies
Owner Financing
Niche Transportation Company in New York
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This business has received 32 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $4,000,000 Down Payment $2,000,000
Gross Revenues $2,612,077 Lease Remaining Register Free to View
Owner’s Cash Flow $558,440 Number of FT Employees Register Free to View

Financing

$2,000,000 Down and $2 million for 36 months @ 7.5%

Business Description

Established for over 20 years, this specialty transportation company holds exclusive contracts with hard-to-acquire clients, including niche state and county accounts. It's a perfect fit for a currently operating bus company seeking expansion opportunities, should only be purchased by a similar type of business currently operating as a transportation company. The seller provides a lease, prime location, active websites, and operational phone numbers. The office and storage yard offer ample space, with an advantageous under-market lease and rent. The business boasts a full staff, including mechanics and drivers. A notable benefit is the seller's willingness to stay on long-term (at least two years with compensation), adding significant value for the buyer. The sale includes approximately $1.6 million worth of vehicles, all free from outstanding payments. For more information and to proceed, please contact Broker Jim Aloi at 631-375-4100, with proof of funds required. Don't miss out on what could be the deal of the year; act promptly, as tomorrow may be too late. This offering includes a highly desirable fleet and stems from a seller's insurance-related issue; inquire for details.

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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.