School Bus Service for Sale in Essex County, New Jersey
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LISTING ID # 37568
The owner of this 11-Route Essex County school bus company wants to retire. The business comes with 2-year renewable school board contracts, 11 vehicles, licenses, insurance and a full complement of seasoned drivers and Aides.
The core business can be grown simply by adding vehicles as the owner routinely turns away profitable business. Age and burn-out have caught up with him. Other avenues inviting growth include use of the existing vehicles and drivers/aides to transport children to summer school and field trips or adults for charter bus trips.
There is so much room for growth in the existing county that expansion to other counties, while possible, is not necessary. In addition to the opportunities mentioned above, a younger owner can acquire a 54-seat yellow school bus which is in such great demand that high margin route growth is certain. Moreover, the opportunity to roll up other bus companies in the region is ever present.
This company can become a generational foundation piece for the right buyer. Its profit margin of 35% may slip a bit as growth will require support but absolute wealth is there for the taking.
The owner of this 11-Route Essex County school bus company wants to retire. The business comes with 2-year renewable school board contracts, 11 vehicles, licenses, insurance and a full complement of seasoned drivers and Aides.
The core business can be grown simply by adding vehicles as the owner routinely turns away profitable business. Age and burn-out have caught up with him. Other avenues inviting growth include use of the existing vehicles and drivers/aides to transport children to summer school and field trips or adults for charter bus trips.
There is so much room for growth in the existing county that expansion to other counties, while possible, is not necessary. In addition to the opportunities mentioned above, a younger owner can acquire a 54-seat yellow school bus which is in such great demand that high margin route growth is certain. Moreover, the opportunity to roll up other bus companies in the region is ever present.
This company can become a generational foundation piece for the right buyer. Its profit margin of 35% may slip a bit as growth will require support but absolute wealth is there for the taking.
About the Business
- Years in Operation
- 22
- Employees
- 22 (20 Full-time, 2 Part-time)
About the Sale
- Transition Support
- Seller will train
- Financing Options
- 800,000.00 Down & $150K for 12 months @0%
Listing Info
- ID
- 2508196
- Listing Views
- 440
Listing ID: 2508196 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.
Businesses for SaleNew Jersey Businesses for SaleNew Jersey Transportation Businesses for SaleNew Jersey Taxi & Limousine Businesses for Sale
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