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Business For Sale

3 School Bus with NJ Accounts

Bergen/Passaic County, NJ

Services: Travel, Transportation

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$219,000
$277,897
Not Disclosed
$87,159
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
$60,000
Not Disclosed
1987
0
81092979
Owner Financing is Available!
150,000 down with balance of 69,000 payable in 3 years at 0% interest.

Business Overview:

Long established bus company which services Bergen and Passaic county. Home base business. Relocatable. This business suited for a company looking to expand by adding 3 buses (54 passengers) 3 runs. 3 New Jersey contracts (automatic renewal). Issued performance bond-contracts cannot be canceled. 2 buses with drop of from 1 school @ 7:30 to 8:30am. Pick up 2:45 to 3:30 pm at dismissal. Local sports 3 to 6 pm. Field trips 9 to 2 pm. Needs/male owner/operator/mechanic who can deal with everyday operation of business. Seller will pay off loan of $17,000. Grosses 277,897. Include: 3 buses: 2003-Freight liner, 2002 - International 1999-Initial value of $27,000. For further information please contact Jim Hamdan.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

3 slot parking, 2002 International school bus – seating 54, 2003 Freightliner school bus – seating 54, 1999 International school bus – seating 54.

Market Competition and Expansion:

Competition - Several. Expansion - Add more buses and get more contracts.

Reason for Selling:

Owner is women tired of being taken advantage

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: