Hot Listing

School Bus Company in New Jersey

Asking Price$1,500,000

Cash Flow
$500,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,085,000

InventoryNot Disclosed

FF&E$653,000
Included in asking price
Real EstateNot Disclosed

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Hot Listing

School Bus Company in New Jersey


Asking Price$1,500,000

Cash Flow
$500,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,085,000

InventoryNot Disclosed

FF&E$653,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
LISTING ID # 36266

The owner of this very profitable Essex County school bus transportation company is retiring after 18 years in business. It is a small, well-honed and operated local business with extraordinary profits. Add a driver and a part-time bookkeeper and have yourself a wonderful life. Its return on investment is fabulous. It comes with licenses, routes, school buses, and a full complement of seasoned drivers and aides. Seller financing is available to a qualified buyer. Additional third-party financing will be limited to $200,000 for working capital, closing costs and growth purposes. The successful buyer should have a minimum equity contribution of $1,200,000 to commit to the acquisition. Proof of Funds is required.
About the Business
Years in Operation
16
Employees
23
About the Sale
Seller Motivation
Retirement
Transition Support
Seller will train
Financing Options
1,200,000.00 Down & $300k for 24 months @ 0%
Listing Info
ID
2399731
Listing Views
1013

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Business Listed by: Vested Business Brokers, Ltd Vested Business Brokers, Ltd

Listing ID: 2399731 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.