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Business for Sale Summary

Transportation Business For Sale - 30152

Business Type: service businesses,freight moving/delivery/storage/warehousing,other business services,passenger transportation / ambulette,passenger transportation / limo
Transportation Business For Sale
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This business has received 108 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $130,000 Down Payment $130,000
Gross Revenues $425,000 Lease Remaining Register Free to View
Owner’s Cash Flow $80,000 Number of FT Employees Register Free to View

Financing

$130,000 Down and

Business Description

Located in Essex County, NJ, this bus company transports special needs school children between school and home, and medical patients to and from home and treatment facilities. The company has an impressive fleet of 11 vehicles, including five medical vans and six school buses. The company is nearly 13 years old, and its owner has other business interests (gas stations and auto repair shops) and is seeking to divest this transportation company, despite its profitability. The company's licenses cover the entire state of New Jersey, and this company brings, not only value for its price, but unprecedented growth opportunity, as well. This is a fragmented industry served predominantly by a thousand or more private businesses and, as many companies as there are, there are not enough. Too many jobs go unfilled daily and are turned away. A Buyer can grow this business slowly by adding additional routes judiciously to existing routes, or by adding one vehicle and driver at a time, or, if he so chooses, he can become a major player by rolling up smaller companies through acquisition. The marketplace will more than accommodate. It is difficult to imagine a business that offers more value for its price and greater growth opportunity. This business will not last. To drive by and set an appointment to meet the owner, call Gerald Nimberg at his office at 1-877-735-5224.

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.