Empire Business Associates represents a commercial delivery service that started in 2007 that is available for acquisition.
The company has grown its fleet of trucks from a heavy duty pickup to a combination of box trucks and semi-trailers. Most loads are dedicated shipments for a customer, not shared loads or LTL.
Loads can range in size from a few hundred pounds in a pickup truck to over 50,000 pounds on a semi-flatbed. Their primary customers have been in the steel industry, hauling steel products and finished goods. They are known for showing up on time and offering fair prices. Most deliveries are within a day’s drive, but they will deliver anywhere in the US.
Through the years they have developed a loyal customer base and have not had to advertise to maintain a steady flow of profitable business coming in. Their honest pricing and the care taken to be sure deliveries are on time and in good order has resulted in an excellent reputation.
All trucks are equipped with GPS tracking systems and electronic time verification to meet DOT driver time rules. They can tell customers exactly where a truck is and when it will arrive.
The purchase price for the businesses hard assets, brand names and goodwill is $395,000 plus the assumption of new truck leases.
Asking Price: $395,000 Gross Revenue: $847,584Cash Flow: $174,879 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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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
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