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Asking Price$2,300,000
Revenue$1,900,000 Established2004
Cash Flow$430,000 Employees30 full, 12 part
FF&E$100,000 FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
LISTING ID # 33329

Located in Middlesex County, New Jersey, this well-established school bus transportation company started from scratch sixteen years ago and it has grown to prominence. It now transports special needs children in Somerset, Ocean, Monmouth and Middlesex Counties and beyond as it continues its upward climb. However, each new contract awarded to this company necessitates further investment in school buses and two minivans vans at the beginning of the company have grown to a fleet of 35 vehicles- 7 minivans, 10 yellow 16 to 20 seat school buses that have added wheelchair capability, and 18 wheelchair vans. All of it owned and purchased out of profits with minimal outside financing.The Sellers have decided to sell now before the further cost of growth exhausts their ability to manage and finance. The company has 29 full-time drivers and 15 aides. All vehicles are in working order.The business is situated on the corner of a highly trafficked four-way highway that contains a branded gas station, a two-bay garage used somewhat by the bus company, and parking for a few of the buses. capability. The property may be purchased separately. For more information Please call Gerald Nimberg at 646 -269- 4616

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Training/Support:Seller will train
Sale Reason:Retiring
Ad #120733
Seller Reference #33329
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