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Business for Sale Summary

Profitable School Bus Transport Company - 37312

Business Type: other personal services,owner financing available,passenger transportation / ambulette,passenger transportation / limo/ bus companies
Owner Financing
Profitable School Bus Transport Company
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Financial Information (non-confidential)

General Information
Asking Price $250,000 Down Payment $200,000
Gross Revenues $270,000 Lease Remaining Register Free to View
Owner’s Cash Flow $100,000 Number of FT Employees Register Free to View

Financing

$200,000 Down and $50,000 for 12 months @ 0%

Business Description

The owner of this highly profitable school bus transportation company is seeking to retire. The company operates in Essex and Middlesex Counties, New Jersey with contracts in both counties to transport special Needs children and it provides summer school transportation service as well. The school bus business is a fragmented industry in New Jersey served predominantly by hundreds of small privately held companies. Growth opportunities are significant within the areas served and in neighboring counties. Further the opportunity to add medical transportation services in the same counties using the existing vehicles makes the use of manpower and vehicle far more efficient. 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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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.