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Financing: $4,700,000.00 Down and Reason for Selling:Retirement Can’t ask for a newer fleet or a more profitable school bus company. And now the newly equipped mechanics shop (owned by the same family) is included in the sale.
The mechanics shop is very well equipped with multiple lifts capable of servicing any size school bus. It was an active profit center until very recently when ownership became very ill and now that the Company intends to sell, it turns away business and is focused instead on the Company’s fleet.
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 buses
The Company has 17 school bus routes, 12 drivers and 12 aides. Its vehicle list is impressive, 25 vehicles including 20 yellow school bus vehicles each of which is wheelchair equipped for one or 2 wheelchairs and 4-7 seat vans and 1 wheelchair van.
Ownership has acquired a manufacturing facility and is forced to sell this beautiful business.
Please note there is an equity capital requirement of at least $2 million, and proof of funds is required.
For more information, please call Gerald Nimberg, Senior Business Brokers at 646-269-4616.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. |
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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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