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Business for Sale Summary

Transportation Business For Sale - 30146

Business Type: service businesses,freight moving/delivery/storage/warehousing,misc. servicel/non-classifiable,other business services,passenger transportation / ambulette,passenger transportation / limo
Transportation Business For Sale
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Financial Information (non-confidential)

General Information
Asking Price $225,000 Down Payment $225,000
Gross Revenues $460,000 Lease Remaining Register Free to View
Owner’s Cash Flow $125,000 Number of FT Employees Register Free to View

Financing

$225,000 Down and

Business Description

Located in Monmouth County, this bus company transports children to and from school, runs class trips, and provides its township with other public and private child transportation services. The bus company is nearly 30 years old, and its owner (from inception) is seeking retirement. The company has an impressive fleet of 15 relatively-new vehicles, including wheelchair vans and 54-seat school buses, and is licensed to operate throughout the state. Profitable as it is, this company brings, not only value for its price, but unprecedented growth opportunity. The school bus business is a fragmented industry, served predominantly by small private businesses. A buyer can grow this business by adding additional routes and/or adding another vehicle and driver. Additionally, owner could 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. Buyer must assume financing of $115,000 for three new buses. To drive by and make appointment to meet the owner, call Gerald Nimberg 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. kg

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.