Trucking Company - Great Net, Clean Books
Location: New Jersey > Essex County
Industry: Transportation > Shipping and Transportation
Financials
Asking Price: $1,224,000
Gross Revenue: $2,649,059
Cash Flow: $394,428
FF&E: $920,000 (Included in Asking Price)
Seller Financing: Negotiable for qualified buyers.
Business Summary
This business is a regional, short-haul trucking company located in the New York metro area. The Company's financials are clean and validate exceptionally well. The company, started in 1986, has been steady and stable throughout its history. The company earned $293k in Seller's Discretionary Earnings in 2005 and increased to $394,428 in 2006. This is an excellent opportunity to buy a strong, consistent company with solid physical assets. Prime for other trucking companies seeking to expand their business or other synergistic companies such as logistics and freight forwarders.
About the Business
Year Established: 1986
Employees: 11 full time -
Facilities: The company is housed in a trucking facility. The company occupies approximately 2000 SF of back office space, as well as yard space for trailers, etc.
Market Outlook and Competition: There are other similar companies in the market, however demand remains strong and is predicted to continue to grow steadily.
The company has never made an effort to expand through any deliberate sales or marketing efforts. Expansion can be accomplished through either adding company-owned trucks or hiring additional owner/operators.
About the Sale
Management Training and Support: The seller will provide 8 weeks of training and support.
Reason For Selling: Retirement
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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. Please review the full Disclaimer here.
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