Profitable School Bus Company in New Jersey - 36377

Financing

$200,000 Down and balance terms to be agreed to between parties

Business Description

After more than 30 years in the industry, the owner of this highly profitable school bus company will either retire or take in a partner to share duties. The company operates in Essex County, New Jersey. It has contracts with 8 local school boards for regular and special needs transportation services, and it has a robust on-demand charter bus service as well. Thirteen school buses and SUVs come with the business. The school bus business is a fragmented industry in New Jersey served by hundreds of small privately held companies. The transportation services market among these companies in Essex County alone is more than $30 million. The subject company has penetrated about 2% of the market. Growth opportunities to penetrate a larger share of this market are plentiful, and the excess capacity of buses offered by this company makes it easy to do. The growth opportunities in the market for charter bus services are equally plentiful. And roll-up opportunities are ever present. It is difficult to imagine a business sector that offers more value for its price and greater growth opportunity. For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers at 646-269-4616.

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