Transportation Service Business for Sale - 37516 Business Type: misc. service/non-classifiable,other business services,other personal services,passenger transportation / limo/ bus companies
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $1,100,000 | Down Payment | $750,000 |
| Gross Revenues | $650,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $300,000 | Number of FT Employees | Register Free to View |
Financing
$750,000 Down and Balance of $350,000
Business Description
This rapidly growing Middlesex County School Bus company transports special needs students in Middlesex, Somerset and Essex Counties, New Jersey and is poised to enter Union County.
Starting from scratch 7 years ago, the business operates with utmost efficiency and realizes $300,000 in net profit on sales of $650,000. The profit margins are typical of transportation companies of this size as an owner can manage its business without support staff.
This business is ideal for an owner-operator who intends to manage the business the same way, or as part of a roll-up strategy. Add organic growth as a viable option.
Profitability can be proven.
- The business comes with 7 permanent contracts, a staff of 1, 7 CDL drivers, 4 Aides, 8 licensed and inspected vehicles.
- The Seller has other interests and has decided to sell and invest in his new venture. This business can be run by a family member in transition post-acquisition.
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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