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New Jersey Passenger Transportation Businesses For Sale

23 New Jersey Passenger Transportation Businesses For Sale Found.

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$575,000 Cash Flow: $250,000 Seller Financing
Limousine Company with steady growth Great Location

Essex County, NJ

This business was started in 2010 and has grown an average of 50% per year every year. Does 35 rides per day with 7 cars. Has Lincoln MKT's, Chrysler 300's a Lincoln Nav L and Cadillac XTS. Cars are available but separate from the deal. The growth comes from a strong web presence. The customer base is over 10,000 individual clients. He does not have large corporate accounts but mostly individual business people going to the 3 major airports. This makes this business very stable. He has captured email addresses for all his clients and a constant contact email program can be utilized.

$165,000 Cash Flow: $110,000
N.J. Car & Limo Co. servicing Tri-State-26569 N.J. Car & Limo Co. servicing Tri-State - 26569

Passaic County, NJ

N.J. Car & Limo Co. servicing Tri-State & Pennsylvania Airport. Home based operation that has associations with a national transportation carrier. Many long term Corporate customers Website is available. Please refer to the Confidentiality Agreement below for further information. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

$725,000 Cash Flow: $358,023 Seller Financing
Children's School Bus Co.

Morris County, NJ

Profitable business opportunity for this ten-year-old Children’s School Bus Company with a consistent yearly gross income and a 2014 net yearly income of $328,023 based with an onsite owner. The company has approximately eighty-six (86) yellow school bus vans and dozens of part time daily drivers. This company services various Northern New Jersey County Board of Education’s systems with the transportation of its special needs, Non medical children. This transportation company obtains yearly contracts from the various school systems which also includes summer programs. Private company supplies transportation to various North Jersey County School systems. The company presently has approximately eighty-six (86) part time employees who are unaware of the pending sale and fully expected to remain post-closing and the monthly payroll is approximately $21,250. The sale includes a commercial five-year business lease which is assignable and expires 2020-01-01 plus additional options, with a monthly rent of $6,000 and rent security $6,000. Not applicable as a non-retail business, the company is located in a single unit commercial building and the rental space consists of 1,300 square feet with a capacity for approximately thirty people. The assets of this business transaction consists of a fully equipped private business company with an estimated asset value of approximately $450,000 which includes approximately eighty-five yellow school bus vans, accounting system, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The commercial retail location has appropriate private parking on the site facility which is part of the commercial lease agreement. The business is active twelve months per year, which includes summer school programs, based on a five day work schedule, and the office is active from 7:00 am to 4:00 pm. This school bus business opportunity includes the required state license, a certificate of occupancy from the particular municipality and the city licenses to conduct its day to day business. Due to the nature of the industry the company has no marketing system and a limited web site. The customer base represents various New Jersey County Governments which are responsible for the transportation needs of the special needs children in their particular area. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a minimum 50% investment return, the first year to the owner operator prior to debt service. Gross Income: A snapshot of the firm’s recent revenue history is as follows: 2013 $2,469,259; 2014 $2,676,946; 2015 Equal to 2015. The company’s 2015 net yearly income was $358,023 based with an onsite owner operator and prior to any debt service. The business has been valued at $725,000 based on a multiple of 3 times the net yearly income which includes the value of the specific business assets and seller financing can be considered to a qualified buyer with an appropriate down payment, collateral and credit rating. Please do not disturb business, this sale is absolutely confidential, the employees are unaware of the pending sale, all viewings are by appointment only and photo may not represent this particular business.

$135,000
Limousine Business For Sale-27895

Union County, NJ

Limousine business for sale that is currently servicing New Jersey, New York as well as Pennsylvania. The business mostly caters to Airports around New York City. The business has very loyal clients and is a great opportunity for a new business owner to take hold of and grow. For further information, please call 1-877-735-5224 or please refer to the Confidentiality Agreement below. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

$280,000 Cash Flow: $100,000
Northern NJ Limousine Company For Sale

Paterson, NJ

Profit and Stability. State of the Art telephone system which includes tracking and monitoring on each car. Sale includes 8 cars and 1 van. Luxury car and taxi service throughout New Jersey. Serving Bergen, Passaic, Hudson and Essex County. ----------------------------------- Learn more by replying to this ad or call Missy at 201-315-4849 or Complete Our Online Non Disclosure at www.nextstepnj.com/nda -----------------------------------

$395,000 Cash Flow: $152,000 Seller Financing
Profitable Driving School

NJ

Excellent business opportunity for this fourteen-year-old highly profitable driving school with a dependable gross yearly income and a net yearly income of $152,000. Approximately 90% of the service is for younger adolescence obtaining their driving license and the company offers an easy in-office registration process that eliminates unnecessary trips to NJMVC. Their philosophy is prevention instead of correction and the company is focused on giving each and every student a clear and strong driving foundation which will stay with them for life. They will supply a strong foundation of driving skills through their expert instruction for all NJ drivers 16 years old and up. Their lesson plan involves clarity in right of way rules, control of the vehicle, road test preparation along with transportation to the road test, as well as imparting defensive driving techniques. Each and every student is important and obtains a personalized service. All of the driving instructors are licensed by the State of NJ MVC, and are subjected to federal background checks. They have handpicked the best instructors the industry has to offer and all of their employees are courteous, patient, professional, reliable and friendly. First time applicants complete all the NJMVC state forms at their office, along with a vision screening and written test (if necessary). They submit the application to the state and have the learner's permit processed and ready when they arrive for the first lesson. This will allow the applicant to start the lesson from home or school and in their home town, to practice driving in the areas that they are familiar. Choosing a Driver Education Provider for a child is an important decisions and this company supplies the highest quality and service available in the industry. Private company supplies driving instructions to the general public. The company has nine-part time employees who are unaware of the pending sale and fully expected to remain post-closing and the monthly payroll is approximately $9,050. The sale includes a commercial three year business lease which is assignable and expires 2018-01-01 plus additional options, with a monthly rent of $1,025 and rent security $2,000. Not particularly applicable, however the business is located in a commercial office building and the rental space consists of 1,500 square feet with a capacity for approximately thirty people. The assets of this business transaction consists of a fully equipped driving school with an estimated value of approximately $125,000 which includes seven vehicles, accounting system, tables, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The business location has appropriate private parking at the onsite facility which is part of the commercial lease agreement. The business is active by appointment only for driving instructions, based on a seven day work schedule, however the office is active from 9:00 am to 5:00 pm. This business transaction includes the required state license, a certificate of occupancy from the particular municipality and the required city licenses to conduct its day to day business. The company marketing system is limited to its web site and some local advertising. The customer base represents the general public and none of the base customers represents more than 1% of the business income. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a 50% investment return, the first year to the owner operator prior to debt service. A snapshot of the firm’s recent revenue history is as follows: 2013 $390,516 2014 $402,630 2015 $371,225 The company 2015 net income of $152,000 is based on an onsite / owner operator and prior to debt service. The business has been valued at $395,000 based on a multiple of 2.5 times the net yearly income along with the value of the specific business assets and seller financing can be considered to a qualified buyer with an appropriate down payment, collateral and credit rating. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo may not represent this particular business.

$100,000 Cash Flow: $130,000
Limousine service for sale

Jersey City, NJ

Well established car service company with excellent fleet of vehicles. Purchase includes 2 vehicles (represented above in FF&E). Because of the company focus, this business has not been effected as much by Uber and similar businesses as the Taxi industry. All drivers are employees that use company owned newer model vehicles.

$100,000 Cash Flow: $80,000
Limosine Company- Hudson County

Jersey City, NJ

This is a small limo company looking to be acquired by a larger firm. He has two drivers during the day and two at night. Does 17 rides a day subcontracting out the ones he cannot handle. Rarely takes live calls.Most drives are Hudson and Bergen runs to airports or NYC.Sale includes 2 company names, websites, and phone numbers. Uses Limo Anywhere.

$195,000 Cash Flow: $60,000 Seller Financing
Transport & Recovery Co.

Union County, NJ

Transport Company with multiple functions supplies professional services to transport and recover various types of motor vehicles. This is a turnkey hauling company with trucks constantly on the road and constant demand for their services. Since 2010, their expert team of drivers are committed to mitigating and recovering vehicle losses. They are a highly successful collateral recovery company in the state of New Jersey. They utilize technology from RDN (Recovery Database Network) and DRN (Digital Recognition Network), to provide the most proficient and effective recovery process for our clients. The sale includes a 2005 ten car diesel trailer, F350 four car trailer, GPS systems, DOT permits and all licenses and private network access including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. This particular business has two employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $6,375. The business has an assignable commercial lease which expires 2016-01-01 plus additional options, with a monthly rent of $1,200 and rent security $2,400. The facility has limited private parking on site as part of the commercial lease. The business is active six days per week, with hours from 8:00 am to 5:00 pm. The sale includes an all the required state and municipal licenses and permits to conduct its day to day business. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a solid investment return to the owner operator prior to debt service. 2015 yearly income is $360,000 and yearly net income of $60,000 prior to debt service. The asking price i9s $195,000 and this sale is based on a multiple of the net yearly income along with the specific value of the assets and seller financing has been approved to a qualified buyer. Please do not disturb business, this sale is absolutely confidential, all viewings are by appointment only and photo may not represent this particular business.

$595,000 Cash Flow: $325,000 Seller Financing
Limo & Party Bus - 27617

Essex County, NJ

Long Established & owned Limo & Party bus Transportation Business.This profitable professional branded company comes with a full staff and lots of seller support.This company is relocatable. Seller has about a million dollars of leased cars and buses which buyer must assume Car leases and payments. Priced to sell this seller dues over 600 hundred weddings per year ,lots of high end jobs. Priced to sell Quickly Hurry will never last!! Contact broker Jim Aloi This company has about 20 limos and party buses Great company to merge with other similar companies. Large Commercial building for sale thru seller for a additional $850k. Please call 1-877-735-5224 for further information or please refer to the Confidentiality Agreement. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

$165,000 Cash Flow: $54,000 Seller Financing
Established Limousine Service - 25256

Union County, NJ

Established limousine service for 2 years which continues to grow. Has corporate and repeat clientele. All drivers are 1099, the company is including 1 (2013 ucon), 1 (2012 chevy sub) and 2 older lincolns. Value of vehicles $66,000. He also farms work $500 to $600 a day (you can get work from the farm work as much as you want. Services the tri-state area. The name of this limo has a great trademark name. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

$350,000 Cash Flow: $219,180
High Profit Limo/Car Service

Somerset County, NJ

Company has been providing luxury transportation to the Tristate for 5 years. Exclusive provider for major hotels and corporations in surrounding area. 24 hour dispatch center available; 24/7 for rides and rates. Destination management service handling needs of out of town quests from arrival to departure. Owner only salaried employee, all others are independent contractors on 1099. Fleet includes 1 Town Car, 1 Gran Marquis, 1 15 passenger van, 1 Dodge Caravan (all vehicles are black) plus 1 luggage carrier. Confidentiality is a must. Contact Bill Friedman for details.

$225,000 Cash Flow: $74,024
Transportation/Limousine Company in South Jersey

Burlington County, NJ

Limousine business for sale. Established for 16 years. Includes 7 vehicles worth approximately $150,000. Business has established drivers and clientele. Solid name recognition in the area, resulting in many repeat customers, from proms, to weddings to nights out. Strong relationship in communities and school districts. Primary vendor for select businesses in the area including several wineries and a large tuxedo business.

Cash Flow: $100,000 Seller Financing
School Bus Company

Passaic County, NJ

Profitable private student bus Transportation Company located in Northern New Jersey, with various routes for municipal and private school systems. The owner is retiring after many years in the industry and will remain and train the new owner operator. The company is approved with the New Jersey Department of Community Affairs to conduct transportation services in New Jersey. The process requires each school bus company to bid with each municipal school system at various times during the year for yearly school routes. These routes are contracts for the nine month school year period, special short term routes or summer transportation programs. This company presently has ten school routes in six separate municipalities in Bergen, Essex and Passaic Counties. The sale includes eleven school buses in excellent working condition. Their operation has an outstanding safety record, has an excellent on time performance level and their equipment is well maintained with a professional team of drivers. They are a family owned and operated with over 10 years experience in school bus transportation and they understand the needs and concerns of the children and school systems they serve. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent investment return to the owner operator prior to debt service. This transportation industry requires licensing and government agency approval. This transportation business is located in Northern New Jersey and conducts its services for six New Jersey municipalities in the counties of Bergen, Passaic and Essex. The owner functions from his private home office and all vehicles are parked at a private commercial lot in Passaic County. This transportation business has seven licensed part time employees who are unaware of the pending sale and fully expected to remain post-closing, also monthly payroll is approximately $7,800. The business has an assignable commercial lease for the vehicles, which expires 2016-01-01 plus additional options, with a monthly rent of $900 and rent security $900. The business assets have an estimated value of $160,000 and the sale consists of a fully equipped commercial bus transportation company with eleven mini school buses, phone system, accounting system, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The business has appropriate private parking in a commercial area of Passaic County, NJ. The business is active five days per week, with hours from 7:30 am to 3:30 pm. The sale includes a license from the New Jersey Department of Community Affairs, certificate of occupancy from the particular municipality and the required state or city licenses to conduct its day to day business. The owner will remain post-closing for 60 days in order to supply an appropriate transitional period to the new operator. Also if required the seller will supply additional training at a fair cost to the purchaser. The owner is retiring after many successful years in this transportation industry. The business presently has a limited marketing plan, no web site and if improved can further develop the business bottom line net income. Due to the difficulty of obtaining new state licensing, limited competitors are expected and the owner has agreed to supply a long term non-compete agreement to the purchaser. The 2015/ 2016 school yearly gross income is estimated at $588,924 and the business projects a yearly net income of $100,000 based on an owner operator and prior to any future debt service. The business has been priced based on a multiple of the net yearly income and the value of the specific business assets and seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo may not represent this particular business.

$589,000 Cash Flow: $171,474
Profitable, Turn-Key Limo Company in New Jersey

Monmouth County, NJ

For more than 27 years, this premier limousine company has been providing on-time professional, courteous and concierge type service to more than 900 corporate and individual clients in New Jersey. Non-corporate type client accounts for between 5% and 10% of annual business. Our client continues to actively promote the business and has recently added to its fleet, based on demand. Success is attributed to impeccable customer service, on time pick-up and delivery, a state of the art scheduling system and a dedicated, well-trained and loyal staff. Highlights of financial data include: •2015 revenue is up approximately 15.6% over the same time period in 2014 •Gross margins reached an all-time high of 39% in 2014 •Net income for the first quarter of 2015 is up approximately 15.7% over the same time period in 2014 •Seller’s Adjusted Discretionary Earnings (SDE) in 2014 was up 22.5% over 2013 •Owner has always been diligent in keeping spending in line with expenses All of the vehicles are fully equipped, well maintained, detailed on a regular basis, and include state of the art GPS Navigation systems, cell phones and EZ Pass. •Total number of clients in 2012- 818 = 3,850 rides •Total number of clients in 2013- 903 = 3,936 rides •Total number of clients in 2014- 928 = 3,972 rides Year-over-year this award winning company receives accolades from the local Chamber of Commerce, newspapers, Lancer Insurance Company and industry trade magazines.

$600,000 Cash Flow: $200,000
Well Established Car Service - 27279

Hudson County, NJ

Very well established Black Car and Limo Service for sale. Well established and loyal clientele. With great potential to grow and expand. Please call 1-877-735-5224 for further information or please refer to the Confidentiality Agreement below. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

$96,000 Cash Flow: $16,825
Great Cab Company - 15073

Cape May County, NJ

This cab company is a great home based or other location business. Includes one cab with multiple licenses in county. Brand recognition in county. Established 3 years. Open 24/7. Please refer to the confidentiality Agreement below for further information. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

$650,000 Cash Flow: $246,055 Seller Financing
Priced Reduced: High Volume Very Profitable Limousine Company

Morris County, NJ

Well established limo company located in Morris County with an excellent reputation. Great service results in a high level of repeat business. Corporate customers represent about 80% of the business consisting primarily of airport runs and trips to New York. Great opportunity for an existing company to expand. 11 vehicle fleet valued at $217k includes 5 Lincoln Town Cars, 3 Lincoln MKT’s, 1 Suburban, 1Van and 1 Mercedes. Low annual rent agreement ($10,868) if buyer chooses to keep current headquarters. Office staff is a 3FT & 2PT dispatchers and clericals and full time owner operator who does some driving and wants to retire. Cash flow assumes full time owner operator. Additional cash flow exists if purchased by an existing company. Asking price does not include the fleet which can be purchased separately. The business is offered at $595,000 with a down payment of $465,000 and the seller will finance the $130,000 balance for qualified buyers. The owner is retiring but will provide support to insure a smooth transition. For more details call Paul Holveck at Executive Business Brokers, 908-851-9040 x277.

$799,000 Cash Flow: $250,000
Established Limo & Taxi Service - 26877

Hudson County, NJ

Established Taxi and Limo service company (comes with Medallion worth $300,000) for 10 years. This year a Medallion sold for almost $375,000 same location. Comes with 5 limo and a Taxi. The seller rents all vehicles 6 (for $80 each - two shifts $900 per day x 365 days in a year). Also comes with 10 established phone numbers for over 10 years and comes with the trademark name. The right buyer could easily market this business to take to the next level. Please refer to the Confidentiality Agreement below for further information. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

$2,900,000 Cash Flow: $1,024,341
Profitable Transportation Business - 21449

Hudson County, NJ

Extremely profitable car and limo service netting over $1,300,000 (averaging $52,000 a week gross). The seller will include 26 vehicles owned, combination of 3 stretch, 1 van, 5 SUV and 18 limos. Services include: Airport Limo Services, City to City Limousine, Business Limousine, Weddings & Special Events, Proms & Graduation, Casino Trips, Sports Events and Night on the Town limousines. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

$1,725,000 Cash Flow: $182,256 Seller Financing
97' Charter yatch business for sale profitable

Hoboken, NJ

Extremely high end private luxury yacht 97’ length, 23’ Beam. That provides private charter service. All operating Cost assumed by leaser. Who came thru a charter broker. Figures represented are what owners received after all commissioned broker fees are taken out. This yacht does NO independent sales/ marketing. All bookings are through brokers to whom 15 to 50% commission fees are collected. Brokers assume all operating cost, food, fuel, beverage, set labor cost. At least $250K in additional profit can come back to vessel owner if they were to provide bookings/ charter themselves. Typical events are catered dinners (vessel has its own galley to provide for this) lunches and cocktail affairs. Typical destinations are New York Harbor cruises overnight trips to the Hamptons, Greenwich. Film, advertising photo shoots and celebrity celebrations. Since Yacht does no independent sales and marketing; any owner especially those now in the catering field can have a carte blache cost structures in any events that owners assume on their own. This is perfect vessel purchase for any present high-end caterer or a chef of renown to embark onto a life of FANTASY with high profit expectations. Presently Kia Ora only focuses on the NYC markets: Greenwich, Atlantic City, and New England. New owner in winter can do the Florida/ Caribbean, extremely lucrative markets. Sales and profits can easily attain $1,000,000 with over half a million in annual profits. Documented list of CEO’s, Hollywood Celebrities, hedge Fund, Investment Bank managers, Arab Royalty, Foreign Politicians, dignitaries, professional athletes, Russian and Chinese Billionaires, Vessel has been maintained in impeccable shape. Renovation in 2010 and continually updates, Shows as new, 12 guests at a time but can do owners events for 25-30 guests. Chef and captain available on all charters billed thru broker at $300.00 daily, each. Charters/ volume and profits increase every year. Doug 973 620 1810

$350,000 Cash Flow: $140,000 Seller Financing
Corporate Limosine Service

Maywood, NJ

Steady corporate clients keep the cash flow steady for this very profitable company. Mostly running to major airports and Teterboro airport for these companies. Local taxi service adds additional revenue. Partner retired a few years ago and owner wants back into real estate full time. Mostly, Lincoln Town Cars and a Suburban.

$900,000 Cash Flow: $351,555 Seller Financing
Taxi & Car service

Monmouth, NJ

9 drivers + 4 office workers. 12 Taxi Licenses. Low office rent.




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BizBuySell is the leading online marketplace for finding and selling New Jersey Passenger Transportation businesses available for sale. Due to our industry leading traffic, more business sellers choose BizBuySell as their marketplace of choice. That means if you are looking for new New Jersey Passenger Transportation Businesses, you can find the best selection of what's available right here, including Taxi Business, Limo Service, Car Rental Business and other great Passenger Transportation businesses.

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