Looking for a fast-growing, long-term, multi-purpose, highly profitable business? This established school bus and medical transportation company in Essex County, New Jersey is all of that. The Bus division is up nearly 100% in 2022 vs. 2021 and two additional routes are pending in 2023 while the medical division operation is up two-fold from 2021. The company comes complete with 12 school bus route contracts and national and New Jersey State licenses for transporting Medicare and Medicaid patients including its Medicare Network Provider ID (NPI), State licensed Ambulatory (A), Assisted Mobility Vehicle (AMAV), and Basic Life Support (BLS) as well as its contract with the state to transport Medicaid patients. The sale also includes 17 vehicles including 3 ambulances, 9 Wheelchair vans and 5 minivans all free and clear of liens or judgments and each inspected and approved by the State. The Owner is seeking to retire.
- Asking Price:
- $900,000
- Sales Revenue:
- $1,740,000
- Cash Flow:
- $450,000
Business Operation
- Reasons for selling:
-
Seller is moving
- Employees:
- 20 FT/2 PT
- Years established:
- 12
Other Information
- Support & training:
-
Seller will train
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
600,000.00 Down & balance at 6% over 24 months
- Furniture / Fixtures value:
- $200,000
