Transportation Business in New Jersey - 36174

Financing

$3,300,000 Down and $1M for 18 months @ 5%

Business Description

Turn-Key, Seller Financing, Multi-Purpose, Asset-Rich, Highly Profitable and Recession Proof. These are the attributes of an Essex County Special Needs School Bus and Non-Emergency Medical Transportation Company. The potential Buyer should have a minimum $2.5 million in equity capital and experience in either Special Needs or medical patient transportation. The company comes with 73 vehicles, 43 school bus routes and contracts, and the medical transportation portion of the business services Medicare, Medicaid, Insurance company and Private Pay transportation anywhere in New Jersey and it can service New York and Pennsylvania patients also as long as either pick-up or drop-off is in Jersey. It has New Jersey State licenses and contracts to provide Basic Life Support and EMS, including CPR, wound care, health assessment, basic first aid and cardiac arrest management, as well as Medicare and nursing home services and an experienced, well-reputed employee base of EMTs, EMRs, MVOs, Nurses, staff of 6 and a driver and aide base comprising 107 full- and part-time employees. It has the size, staff and structure to support maximum growth. The owner has acquired other related properties and businesses to complement its transportation services including a mechanics shop and an auto body shop both of which service the Company’s fleet and provide outside services to the local community as well. These business and properties are available separately. The Owner is now seeking to retire and sell all properties and businesses. 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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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.