Hot Listing

Transportation Business in New Jersey

Asking Price$5,350,000

Cash Flow
$1,100,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$3,900,000

InventoryNot Disclosed

FF&E$1,500,000
Included in asking price
Real EstateNot Disclosed

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Hot Listing

Transportation Business in New Jersey


Asking Price$5,350,000

Cash Flow
$1,100,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$3,900,000

InventoryNot Disclosed

FF&E$1,500,000
Included in asking price
Real EstateNot Disclosed

Business Description
LISTING ID # 36174

Seller Financing to a Qualified Buyer, Turn-Key Operation, Experienced Management Team in Place, Multi-Purpose, Asset-Rich, Highly Profitable and Recession Proof. These are the attributes of an Essex County Special Needs School Bus and Non-Emergency Medical Transportation Company. The potential Buyer should have a minimum $2.5 million in equity capital and experience in either Special Needs or non-emergence medical transportation. The company comes with 45 school bus routes and contracts that service school children, and the medical transportation portion of the business services hospitals, medical centers, insurance companies, Medicare and Private Pay individual. While the medical transportation is strictly non-emergency, the company has the licenses, vehicles, equipment and personnel to enter the highly profitable 911 emergency medical on-board treatment and transportation services at a nominal increase in costs. The current operation includes 64 vehicles and 87 employees comprised of an experienced, well-reputed base of EMTs, EMRs, MAVOs, and Nurses, a driver and school bus aide base of full- and part-time employees, and a support base of 5. It has the size, staff and structure to support maximum growth. The property is available separately. The owner has acquired related businesses to complement its transportation services including a mechanics shop and an auto body shop, which service the Company’s fleet and the local community as well. These business and properties are available separately. The Owner is now seeking to retire and sell all properties and businesses.
About the Business
Years in Operation
15
Number of Employees
107
About the Sale
Seller Motivation
Retirement
Transition Support
Seller will train
Listing Info
ID
2395775
Listing Views
965

Contact Seller

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Business Listed by: Vested Business Brokers, Ltd Vested Business Brokers, Ltd

Listing ID: 2395775 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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