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Business for Sale Summary

Busy Trucking & Logistics Company for sale in NJ - 34447

Business Type: misc. service/non-classifiable,other business services,professional services,seller financing available,freight moving/delivery/storage/warehousing
Owner Financing
Busy Trucking & Logistics Company for sale in NJ
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Financial Information (non-confidential)

General Information
Asking Price $3,000,000 Down Payment $2,250,000
Gross Revenues $3,000,000 Lease Remaining Register Free to View
Owner’s Cash Flow $660,000 Number of FT Employees Register Free to View

Financing

$2,250,000 Down and 750k at a rate TBD for 60 months

Business Description

These are two family-owned trucking companies being packaged together and sold as one. Owners are looking to cash-out but are willing to stay to manage thus Offering a Buyer a true turn-key operation as well as Seller financing. Combined revenues at $2.3M in 2019, $3.2M in 2020 and $5.7M through nine months of 2021 heading toward $7M for CY2021. Net income for 2021 should come in at $2.0 million. Equipped with 31 drivers, 30 tractors and trailers, 6 mechanics, staff of 7, and 10 owner-operators. Add in a 1200 sq. ft. office, a 2,000 sq. ft. garage on two acres, a 9,000 sq. ft. warehouse and parking for nearly 50. IMPORTANT: This listing MUST be sold as a pair with listing #34448. One will NOT be sold without the purchase of the other as well. For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers at 646-269-4616 or by email at gnimberg@vestedbb.com.

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.