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.
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