Profitable School Bus Company in New Jersey

Essex County, NJ
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Asking Price:$650,000
Gross Revenue:$624,000
Established Year:2018
Cash Flow:$200,000
FF&E:$150,000
BUSINESS DESCRIPTION

Profitable School Bus Company in New Jersey

LISTING ID # 36377

The owner of this highly profitable school bus company is seeking to retire after 30 years in the school and medical transportation business. The company operates in Essex County, New Jersey. It has contracts with 10 local school boards for regular and special Needs bus services, and it has a robust on-demand charter bus service as well. The school bus business is a fragmented industry in New Jersey served predominantly by hundreds of small privately held companies. Growth opportunities are plentiful within the area served for the bus company, the school bus charter business and by the addition of medical transportation which will enable far more efficient use of drivers and vehicles. It is difficult to imagine a business sector that offers more value for its price and greater growth opportunity.


DETAILED INFORMATION
Location
Essex County, NJ
Inventory
Not Included in asking price
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Seller will train
Reason for Selling
Cash out
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Vested
Business Brokers, Ltd
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Vested Business Brokers, Ltd