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School Bus Business In Middlesex County For Sale

Middlesex County, New Jersey, US
Asking Price:
$2,300,000
Sales Revenue:
$1,900,000
Cash Flow:
$430,000

School Bus Business In Middlesex County-33329

Located in Middlesex County, New Jersey, this well-established school bus transportation company started from scratch sixteen years ago and it has grown to prominence. It now transports special needs children in Somerset, Ocean, Monmouth and Middlesex Counties and beyond as it continues its upward climb. However, each new contract awarded to this company necessitates further investment in school buses and two minivans vans at the beginning of the company have grown to a fleet of 35 vehicles- 7 minivans, 10 yellow 16 to 20 seat school buses that have added wheelchair capability, and 18 wheelchair vans. All of it owned and purchased out of profits with minimal outside financing.The Sellers have decided to sell now before the further cost of growth exhausts their ability to manage and finance. The company has 29 full-time drivers and 15 aides. All vehicles are in working order.The business is situated on the corner of a highly trafficked four-way highway that contains a branded gas station, a two-bay garage used somewhat by the bus company, and parking for a few of the buses. capability. The property may be purchased separately. For more information Please call Gerald Nimberg.

If interested, please contact the seller through the form on this page.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-33329 for instant access to this business information.

Business Operation

Reasons for selling:

Retiring

Employees:
30FT/12PT
Years established:
2004

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$100,000

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