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School Bus Company In Essex County For Sale

Essex County, New Jersey
Asking Price:
$1,200,000 (USD)
Turnover:
$1,000,000 (USD)
Net Profit:
$200,000 (USD)

This 20-year old Bus Company serves New Jersey Essex and Sussex Counties to provide bus transportation for school and special needs children and ambulatory vehicle transportation for handicapped children as well. Headquartered in Essex County, the owners are willing to sell their business to the right buyer and go their separate ways. This business is very profitable since the licensing, contractual, financial and driver requirements to transport school bus children along with the cost of owning and running a fleet of 16 vehicles comprised of 2-21 passenger school buses, 13 wheelchair vans and 1 ambulance and the high cost of insurance all of which limit competition. This long-standing transportation company has the license, experience, reputation, vehicles and drivers to grow within the counties it currently serves, and it can expand into any other county within the state. Moreover, since the industry is mostly served by small, independently owned companies, the roll-up opportunities are equally prominent. This is a turnkey operation; drivers and essential staff will remain. Seller financing may be available to a qualified buyer. Please contact the broker.

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Business Operation

Employees:
15/15
Years established:
1999

Other Information

Support & training:

Yes

Inventory / Stock value:
$15,000 (USD)

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