Transportation Business in New Jersey

Essex County, NJ
Asking Price: $4,500,000
Business For Sale Details
Listed on Mar 28, 2024(Renewed on Jan 2, 2025)

LISTING ID # 36174

Seller Financing is Available to a Qualified Buyer,
Turn-Key Operation, Experienced Management Team in Place,
Multi-Purpose, Asset-Rich, Highly Profitable and Recession Proof.
These are the attributes of an Essex County Special Needs School Bus and Non-Emergency Medical Transportation Company.
The business involves the management of more than 70 people and the maintenance of 60 vehicles that transport regular and special needs children and non-emergency medical patients. The potential Buyer should have a minimum $1.5 million in equity capital and experience in any of the foregoing.
The company comes with 40 school bus routes from multiple school districts, and long-term services to hospitals, medical centers, insurance companies, Medicare and Private Pay individuals, 60 medical transportation and school bus vehicles, an experienced operations and staff support team, licenses and space onsite for a readily available training facility.
Thus, it has the size, staff and structure to support maximum growth. The property is available separately by the Seller although the Seller would prefer to sell the property and business together.
The owner has acquired related businesses to complement its transportation services including a mechanics shop and an auto body shop, which service the Company’s fleet and the local community as well. These business and properties are available separately.
The Owner is now seeking to retire and sell all properties and businesses.

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Financials (USD)

Asking Price $4,500,000

Cash Flow $1,100,000

Sales $3,900,000

Deal Terms

Represented by broker? Yes

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? No

Principals only? Yes

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Available On Request

Real Estate? Available On Request

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