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Business for Sale

Transportation Business in New Jersey
Essex County, NJ

Listing #36174

   
Financial Information (non-confidential)
Asking Price $4,500,000.00 Gross Revenues $3,900,000.00
Down Payment $2,500,000.00 Owner’s Cash Flow $1,100,000.00

Financing: $2,500,000.00 Down and Balance Due when Licensed is transfered

Reason for Selling:Retirement

Seller Financing is Available to a Qualified Buyer, Turn-Key Operation, Experienced Management Team in Place, 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 business involves the management of more than 70 people and the maintenance of 60 vehicles that transport regular and special needs children and non-emergency medical patients. The potential Buyer should have a minimum $1.5 million in equity capital and experience in any of the foregoing. The company comes with 40 school bus routes from multiple school districts, and long-term services to hospitals, medical centers, insurance companies, Medicare and Private Pay individuals, 60 medical transportation and school bus vehicles, an experienced operations and staff support team, licenses and space onsite for a readily available training facility. Thus, it has the size, staff and structure to support maximum growth. The property is available separately by the Seller although the Seller would prefer to sell the property and business together. The owner has acquired related businesses to complement its transportation services including a mechanics shop and an auto body shop, which service the Company’s fleet and 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.

In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.

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.
Gerald Nimberg
Senior Business Broker
646-269-4616
gnimberg@vestedbb.com
Servicing Area:
Burlington County, NJ
Mercer County, NJ
New Castle County, DE
Philadelphia County, PA
Gerald Nimberg

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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