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Business for Sale Summary

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
Owner Financing
Branded Routes (22-25) For Sale in CT
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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.

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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.