Business For Sale

Transportation Business-30152

Not Disclosed, NJ
Essex County

Essex County

Asking Price: Annual Revenue:
$130,000 $425,000

Services: Taxi, Limo, & Passenger Transportation

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RE: Transportation Business-30152 Broker: Gerald Nimberg

Quick Facts

Asking Price: $130,000
Annual Revenue: $425,000
Net Profit: Not Disclosed
Cash Flow: $80,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 51744447
Broker Reference #: 30152

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Business Overview:

Located in Essex County, NJ, this bus company transports special needs school children between school and home, and medical patients to and from home and treatment facilities. The company has an impressive fleet of 11 vehicles, including five medical vans and six school buses. The company is nearly 13 years old, and its owner has other business interests (gas stations and auto repair shops) and is seeking to divest this transportation company, despite its profitability. The company's licenses cover the entire state of New Jersey, and this company brings, not only value for its price, but unprecedented growth opportunity, as well. This is a fragmented industry served predominantly by a thousand or more private businesses and, as many companies as there are, there are not enough. Too many jobs go unfilled daily and are turned away. A Buyer can grow this business slowly by adding additional routes judiciously to existing routes, or by adding one vehicle and driver at a time, or, if he so chooses, he can become a major player by rolling up smaller companies through acquisition. The marketplace will more than accommodate. It is difficult to imagine a business that offers more value for its price and greater growth opportunity. This business will not last. To drive by and set an appointment to meet the owner, call Gerald Nimberg at his office at 1-877-735-5224.

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Reason for Selling:

Owner has other interest.

Additional Details:

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

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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