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Business for Sale Summary

Transport and Bus Business for Sale in NJ - 37518

Business Type: other personal services,passenger transportation / ambulette,passenger transportation / limo/ bus companies
Transport and Bus Business for Sale in NJ
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This business has received 11 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $1,500,000 Down Payment $1,000,000
Gross Revenues $1,400,000 Lease Remaining Register Free to View
Owner’s Cash Flow $500,000 Number of FT Employees Register Free to View

Financing

$1,000,000 Down and Balance for 2 years, 6% for first year, 7 % for 2nd year

Business Description

Looking for a long-term multi-purpose, recession proof, highly profitable growth business? This established school bus and non-emergency medical transportation company in Essex County, New Jersey is all of that.

Revenues and profits have increased substantially in the last few years.  This 15-year-old company comes complete with vehicles, drivers, aides, contracts, and an array of licenses to transport school children and NEMT Medicare and Medicaid patients at the federal, state and local levels.

Seller financing is available to a qualified buyer, but 3rd party financing is not acceptable although the company fully reports. Proof of Funds of at least $1.0 million is required.  All cash offers will be entertained.

The Seller will entertain a Partnership at a price of $800,000 all cash.

This long-established and growth oriented special needs school children and NEMT transportation business can be yours. The Owner will stay through a lengthy transition.

Contact Gerald Nimberg, Senior Business Broker at Vested Business Brokers at 646-269-4616 for more information on this great opportunity!



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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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