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 | |||
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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
The Branded Transport business is now offered for sale. Currently, the business operates 22-25 routes daily, with a commitment to increase to 34-54 routes during peak periods (October to December).
A new policy effective May 1st has the parent company covering all mechanical expenses for the vans, including tires, brakes, transmission, and over 2000 other items, along with a yearly stipend of $30,000 for any bodywork needed, which will significantly improve 2024 numbers.
The business boasts a roster of 80 drivers, managers, and administrative staff, with two managers each qualified to run the business solo, focusing on employees and the fleet, respectively.
The seller provides the station facility, vehicle storage, loading, and office space for operators, along with a below-market vehicle lease program and zero fuel costs, as the seller covers the fuel expenses. There are no rent expenses.
The business averages 250-275 packages per day per route, with routes under 75 miles each day. It offers many value-added services, some mandatory and some optional, guiding the owner-operator, and requires no transport or logistics background.
The auto-renewal terms have been expanded from one year to 2-3 years for well-run operators.
Servicing only Connecticut within a 30-mile radius of the station, the business provides truck lease financing, insurance reimbursements, and truck repairs for Delivery Service Providers (DSPs), with tight, efficient routes that drivers appreciate.
The owner handles administrative services at the station, manages payroll, and works a total of 20 hours per week, 90% from a home office.
Proof of funds and residency within one hour of the business location are required for the business name and a meeting/call with the owner.
For more information, contact broker Joseph Stansky at (631) 383-3109. This sale offers a quick and easy entry point into a lucrative market with substantial support and benefits.
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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