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Business for Sale Summary

School Bus Business in Middlesex County - 33329

Business Type: misc. service/non-classifiable,schools/ education,passenger transportation / limo/ bus companies
School Bus Business in Middlesex County
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This business has received 139 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $5,400,000 Down Payment $5,400,000
Gross Revenues $2,800,000 Lease Remaining Register Free to View
Owner’s Cash Flow $1,350,000 Number of FT Employees Register Free to View

Financing

$5,400,000 Down and Seller will consider financing, qualified buyers must have $3.5m in liquid funds.

Business Description

Can’t ask for a newer fleet or a more profitable school bus company. Starting from scratch eighteen years ago, this Middlesex County school bus company has grown to prominence. It now transports special needs children in Middlesex, Somerset, Monmouth and Ocean Counties as it continues its upward climb. The vehicle list is impressive, 25 relatively new yellow school buses that seat 16 to 20 students, 9 7-seat wheelchair vans and 4 minivans each well-maintained at an affiliated garage. The company has 34 routes, 32 drivers, 8 aides and 5 extra buses to accommodate growth and maintenance. Please note there is a $3.5m proof of funds requirement for potential buyers. For more information, please call Gerald Nimberg, Senior Business Brokers at 646-269-4616.

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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.