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Profitable School Bus Business In Middlesex County For Sale

New Jersey, US
Asking Price:
$5,400,000
Sales Revenue:
$2,800,000
Cash Flow:
$1,350,000

LISTING ID # 33329

Can’t ask for a newer fleet or a more profitable school bus company. Starting from scratch eighteen years ago, this Middlesex County school bus company has grown to prominence. It now transports special needs children in Middlesex, Somerset, Monmouth and Ocean Counties as it continues its upward climb. The vehicle list is impressive, 25 relatively new yellow school buses that seat 16 to 20 students, 9 7-seat wheelchair vans and 4 minivans each well-maintained at an affiliated garage. The company has 34 routes, 32 drivers, 8 aides and 5 extra buses to accommodate growth and maintenance. Please note there is a $3.5m proof of funds requirement for potential buyers. For more information, please call Gerald Nimberg.

Business Operation

Reasons for selling:

Retirement

Employees:
32 FT/8 PT
Years established:
18

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$3,200,000