Branded Routes (22-25) For Sale in CT - 35553 Business Type: freight moving/delivery/storage/warehousing,misc. service/non-classifiable,misc. wholesale/distribution/non-classifiable,other business services,other personal services,owner financing available,wholesale/dist businesses,routes
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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $1,200,000 | Down Payment | $900,000 |
Gross Revenues | $4,500,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $525,000 | Number of FT Employees | Register Free to View |
Financing
$900,000 Down and Balance of $300k 3yrs @ 6%
Business Description
Branded Transport business offered for sale. Business currently
runs 22-25 routes per day and commitment to run 34-54 routes
during peak Oct-Dec, periods. Currently has a roster of 80 drivers, managers
and administrative staff. Seller provides the station facility,
vehicle storage, loading and office space for the operators.
Below market vehicle lease program. Zero fuel cost
- Seller pays the fuel. NO rent expenses. Buying is
the quickest and easiest entry point into this lucrative market.
Average 250-275 packages a day per route
with less than 75 miles per day. There are many 'value added
services", some mandatory and some
optional which are guiding
the owner operator. A buyer need not have transport or
logistics background. One year auto renewal just expanded
to 2-3 year auto renewals for well-run operators. This is
an opportunity for the buyer. Two managers - both qualified
to run the business solo, current owner has one focusing on
employees and one focusing on fleet.
Servicing only Ct, small radius within 30 miles of station. Provides
truck lease financing, insurance reimbursements and truck
repair for DSPs= (Delivery Service Providers). Tight efficient
routes his drivers like.
Owner provides administrative services at the station and
handles payroll and works a total of 20 hrs. per week, 90%
from his home office.
Proof of funds and residency within 1 hour of the business location is
required for the name of the Business and a meeting/call
with the owner. Contact broker Joseph Stansky (631) 383-3109 for more information.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure 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.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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