School Bus Business in Middlesex County - 33329 Business Type: passenger transportation / limo/ bus companies
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $2,300,000 | Down Payment | $2,300,000 |
| Gross Revenues | $1,900,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $430,000 | Number of FT Employees | Register Free to View |
Financing
$2,300,000 Down and
Business Description
Unlike other school bus companies, this one has not skipped a beat. Very much in operation and profitable.
Started from scratch seventeen years ago and it has grown to prominence. It now transports special needs children in Somerset, Ocean, Monmouth and Middlesex Counties and beyond as it continues its upward climb.
Two minivans vans at the beginning of the company have grown to a fleet of 35 vehicles including 7 minivans, 10 yellow 16 to 20 seat school buses that have added wheelchair capability, and 18 wheelchair vans. All vehicles are in working order. All owned and purchased out of profits with minimal outside financing.
The company has 29 full-time drivers and 15 aides.
The business is situated in a suburban setting that has ample parking for all vehicles and it has its own garage
For more information, please call Gerald Nimberg 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.
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