Established Bus Route in Essex County NJ - 31591

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Established Bus Route in Essex County NJ - 31591
Asking Price:
$1,200,000

Gross Revenue:
$606,500
Cash Flow:
$80,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This Emergency and Non-Emergency Medical and school bus transportation company represents a wonderful blend of the old, the new and the diversified. Located in Essex County, this company has provided school bus transportation in Essex and surrounding counties for the past 16 years and it has provided NEMT to Medicaid patients in several contiguous counties in North Jersey for the past 10 years. Armed with its NJ State license, it now provides emergency ambulance service to Medicare patients, residents and travelers anywhere in the state. Ambulance services are the most lucrative end of the transportation business. Individual trips can generate fees in excess of $500 and many in excess of $1,000. Recently, it has contracted with several major insurance companies to become an approved provider of emergency services and it owns and operates an EMT licensed company to provide that service. The expansion and roll-out of these services will require additional capital and the owner who has other business interests has decided to sell.

About the Business

Number of Employees:
15
Website:
www.vestedbb.com
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About the Sale

Training/Support:
Yes

Listing Info

ID:
1560605
Ad Detail Views:
70

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Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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U.S. Census Data for Essex County, NJ
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Essex County, NJ
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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