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Business for Sale Summary

Profitable School Bus Company in New Jersey - 36377

Business Type: educational services / schools,misc. service/non-classifiable,other personal services,schools/ education,passenger transportation / limo/ bus companies
Profitable School Bus Company in New Jersey
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Financial Information (non-confidential)

General Information
Asking Price $650,000 Down Payment $650,000
Gross Revenues $624,000 Lease Remaining Register Free to View
Owner’s Cash Flow $200,000 Number of FT Employees Register Free to View

Financing

$650,000 Down and

Business Description

The owner of this highly profitable school bus company is seeking to retire after 30 years in the school and medical transportation business. The company operates in Essex County, New Jersey. It has contracts with 10 local school boards for regular and special Needs bus services, and it has a robust on-demand charter bus service as well. The school bus business is a fragmented industry in New Jersey served predominantly by hundreds of small privately held companies. Growth opportunities are plentiful within the area served for the bus company, the school bus charter business and by the addition of medical transportation which will enable far more efficient use of drivers and vehicles. It is difficult to imagine a business sector that offers more value for its price and greater growth opportunity. For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers at 646-269-4616.

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