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Financing: $900,000.00 Down and Reason for Selling: The owner is retiring afer 16 years in this very profitable School Bus transportation business. The pending integration of a colleague’s awarded routes combined with this company’s existing routes makes this company a dominant service provider in Essex County. New Jersey. The Company will have a combined total of 29 school bus routes, Gross Revenues of $1.9 million and an SDE of $450k. Add a driver ($35k) and a shift supervisor ($50k) and have yourself a wonderful life. Its return on investment is fabulous. It comes with licenses, awards, school buses, and a full complement of seasoned drivers and aides. The successful buyer should have a minimum equity contribution of $400,000 to commit to the acquisition. Proof of Funds is required. For more information, contact Gerald Nimberg, Senior Business at 646-269-4616.
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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