Profitable School Bus Company in New Jersey
Business Description
Profitable School Bus Company in New Jersey
LISTING ID # 36377
After more than 30 years in the industry, the owner of this highly profitable school bus company will either retire or take in a partner to share duties. The company operates in Essex County, New Jersey. It has contracts with 8 local school boards for regular and special needs transportation services, and it has a robust on-demand charter bus service as well. Thirteen school buses and SUVs come with the business. The school bus business is a fragmented industry in New Jersey served by hundreds of small privately held companies. The transportation services market among these companies in Essex County alone is more than $30 million. The subject company has penetrated about 2% of the market. Growth opportunities to penetrate a larger share of this market are plentiful, and the excess capacity of buses offered by this company makes it easy to do. The growth opportunities in the market for charter bus services are equally plentiful. And roll-up opportunities are ever present. It is difficult to imagine a business sector that offers more value for its price and greater growth opportunity.
After more than 30 years in the industry, the owner of this highly profitable school bus company will either retire or take in a partner to share duties. The company operates in Essex County, New Jersey. It has contracts with 8 local school boards for regular and special needs transportation services, and it has a robust on-demand charter bus service as well. Thirteen school buses and SUVs come with the business. The school bus business is a fragmented industry in New Jersey served by hundreds of small privately held companies. The transportation services market among these companies in Essex County alone is more than $30 million. The subject company has penetrated about 2% of the market. Growth opportunities to penetrate a larger share of this market are plentiful, and the excess capacity of buses offered by this company makes it easy to do. The growth opportunities in the market for charter bus services are equally plentiful. And roll-up opportunities are ever present. It is difficult to imagine a business sector that offers more value for its price and greater growth opportunity.
About the Business
- Years in Operation
- 6
- Employees
- 8 (7 Full-time, 1 Part-time)
About the Sale
- Seller Motivation
- Cash out
- Transition Support
- Seller will train
- Financing Options
- 200,000.00 Down & balance terms to be agreed to between parties
Listing Info
- ID
- 2464879
- Listing Views
- 16
Listing ID: 2464879 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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