1343 Buyers Online Now
Buy Business Sell Business Business Brokers My Account

Transportation Business For Sale

7/wk
Monmouth County, New Jersey, United States
Photos Website Map
Asking Price$364,000
Revenue$680,000 EstablishedUndisclosed
Cash Flow$140,000 Employees1 full, 6 part
FF&E$5,000 FranchiseNo
Inventory$5,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Located in Monmouth County, this bus company transports school children between school and home and runs class trips and provides its township other public and private children-related transportation services. The bus company is nearly 30 years old and its owner (from inception) is seeking retirement and moving south. 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 as well. The school bus business is a fragmented industry served predominantly by small private businesses. A Buyer can grow this business slowly by adding additional routes judiciously to existing routes or by adding one vehicle and driver at a time or, if he so chooses, he can 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.
Training/Support:The seller will train the new owner.
Seller Financing:$366,000.00 Down and
Ad #96767
Seller Reference #30146
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Gerald Nimberg
1-877-735-5224
Name
Email Address
Message