School Bus Business (Student Transport)
Somerdale, NJ
| Asking Price: | $1,400,000 |
| Gross Revenue: | $2,100,000 |
| FF&E: | $150,000 |
| Cash Flow: | $420,000 |
| Rent: | $5,300/Month |
| Established Year: | 2019 |
Listing ID: 2309246Listing provided by BizBuySell
BUSINESS DESCRIPTION
The owner is moving on to other business ventures after 16 years in the transportation industry. The business is run by the owner and currently has 23 total units with 2 more on order (14 Big Bus, 3 Small Bus, 8 Vans). The business proudly operates over 35 school routes with 20 drivers, 14 bus aides, and 1 mechanic. Profitable, well run business ready to be taken to the next level!
DETAILED INFORMATION
Location
Somerdale, NJ
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
300
Lease Expiration
01/09/2027
Employees
35
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Leased property until 9/2027. 1 acre fenced lot. Space is shared with another tenant. Approx 300sf of Office space and (1) 40x20 garage bay. Sale includes 25 total units (12 of which are owned outright). The remaining 13 are financed.
Competition
Centrally located within Camden County NJ in close proximity to major highway's and interstates. Camden County is a heavily populated area with plenty of opportunity for additional contracts/growth.
Growth & Expansion
Plenty of opportunity for growth in this market.
Support & Training
Seller will provide 2-4 weeks of training if necessary. Beyond four weeks, the seller will stay on for $2500 per week for an additional 4-8 weeks.
Reason for Selling
Moving on to other business ventures
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