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Financing: $1,400,000.00 Down and Reason for Selling:Retirement You cannot find a newer fleet, or a better equipped mechanic’s shop at the price offered in the school bus transportation industry anywhere in the State of New Jersey. The transportation end of the business returns a profit of nearly 32% of revenues. The demand for service in Middlesex County, coupled with the availability of additional buses (sold separately), drivers and aides position this company for immediate, significant and sustainable growth.
One of the owners suffered multiple surgeries and could no longer handle the rigorous work of the shop. He laid off the mechanics and focused on the less strenuous- mostly oil changes and vehicle washes. At the same time, the owners’ son was awarded a license to manufacture cannabis and the owners turned away from the school bus business and quickly became immersed in all aspects of this new business. Experienced mechanics who were previously employed by the Company are available to immediately bring the company back to being the ‘Go To’ service station for all Middlesex County school bus companies. The Company is offering six new wheelchair equipped buses, five awarded routes, drivers and aides and a wealth of experience in the business and in the bidding process to call upon. Although available separately, the back-up capacity in all aspects of this business should not be overlooked. For more information, please call Gerald Nimberg, Senior Business Brokers at 646-269-4616. |
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
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