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Transportation Business For Sale
Location: United States -> New Jersey -> Monmouth County
Industry: Business Services > Transportation – Airplane, Taxi, and Limousine




Business Summary

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.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $680,000
Cash Flow:   $140,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2011
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Other

Photos

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Transportation Business For Sale Photo 1 Transportation Business For Sale Photo 2




Print Listing Id: 700322228


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Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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