School Bus Business in Middlesex County - 33329 Business Type: misc. service/non-classifiable,schools/ education,passenger transportation / limo/ bus companies
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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.
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.
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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