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Business for Sale Summary

Transportation Service Business for Sale - 37516

Business Type: misc. service/non-classifiable,other business services,other personal services,passenger transportation / limo/ bus companies
Transportation Service Business for Sale
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Financial Information (non-confidential)

General Information
Asking Price $700,000 Down Payment $400,000
Gross Revenues $451,353 Lease Remaining Register Free to View
Owner’s Cash Flow $270,000 Number of FT Employees Register Free to View

Financing

$400,000 Down and Balance of $300K @6% for 36 months

Business Description

This rapidly growing Middlesex County School Bus company transports students in Middlesex and Somerset Counties who have special needs. 

Starting from scratch 7 years ago, the business operates with utmost efficiency and achieves $270,000 in net profit on sales of $450,000. The high profit margin is typical of transportation companies of this size as an owner can manage his business without support staff although there is an alternate driver who can manage the business in the Seller’s absence.

This business is ideal for an owner-operator who intends to operate the business the same way and add vehicles gradually to continue the Company’s growth. The opportunity for summer school work, charter bus work and field trip business is ever present for a growth minded individual.

The business comes with 7 permanent contracts, 7 CDL drivers, 4 Aides, 7 licensed and inspected vehicles. There is also the afore- mentioned alternate    

It won't be on the market for long!

For more information, please call Gerald Nimberg, Senior Business Broker of Vested Business Brokers at (646)-269-4616.



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.

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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