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Profitable School Bus Company In New Jersey For Sale

New Jersey, US
Asking Price:
$1,250,000
Sales Revenue:
$1,085,000
Cash Flow:
$500,000

LISTING ID # 36266

The owner is retiring after 16 years in this very profitable Essex County School Bus business. He has put his 5 kids through college and grad school from it, and all are highly successful professionals who wouldn’t dream of riding a bus much less owning one. That and health concerns have reduced his motivation to continue running the operation and he has decided to sell. The business is operating at a 40% return on investment, and it comes with 10 routes, 11 school buses, and a full complement of seasoned drivers and aides. Double-up on shifts, add vehicles or take on summer work and buy your kids a college. For more information, contact Gerald Nimberg, Senior Business Broker

Business Operation

Reasons for selling:

Retirement

Employees:
23 PT
Years established:
16

Other Information

Support & training:

Seller Will Train

Furniture / Fixtures value:
$653,000