Profitable School Bus Company in New Jersey
Asking Price: | $650,000 |
Gross Revenue: | $624,000 |
Established Year: | 2018 |
Cash Flow: | $200,000 |
FF&E: | $150,000 |
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.