School Bus Company for Sale in New Jersey - 36465 Business Type: passenger transportation / limo/ bus companies,owner financing available,passenger transportation / ambulette
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $4,000,000 | Down Payment | $3,200,000 |
| Gross Revenues | $3,200,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $1,500,000 | Number of FT Employees | Register Free to View |
Financing
$3,200,000 Down and $800k for 24 months @ 6.25%
Business Description
A high volume, high margin special needs children school bus transportation company located in Essex County, New Jersey is now available.
After 30 years in this business, the owners are ready to go their separate ways.
The business comes with established routes, school buses, drivers, aides and staff.
The opportunities to roll up smaller companies or expand to neighboring counties are ever present.
Also, transporting school children requires drivers to work only 4.5 hours per day.
Some companies use the down time to transport medical patients which is year-around work, uses many of the same vehicles and makes efficient use of manpower.
Proof of Funds in the minimum amount of $1.3 million liquid is required.
For more information, contact Gerald Nimberg, Senior Business Broker, Vested 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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