Freight Holding & Delivery - Est 47 yrs. - 35776

Financing

$190,000 Down and None.

Business Description

Freight Holding & Delivery - Est 47 yrs. Price Reduced! This is a great bolt-on for any business with an existing warehouse with unused space, ideally in the trucking or logistics space. What they do is very simple. They work with many kitchen cabinet manufacturers as a holding company. The manufacturer delivers product to their 5,000 sf Nassau County warehouse and then this company holds and delivers these cabinets to the end user at their home for installation. The warehouse rent is $6k/mth. If you currently have a LI based warehouse you can add that $6K/mth directly to your bottom line. The sale price includes a forklift, 20 ft. box truck and a van. The business is fully staffed with 3 full-time employees, plus the owner who manages the warehouse and scheduling. The business only operates Mon-Fri from 7am-2pm. No weekends. In the past year the business grossed approx. $350,000.00 with an owner’s cash flow of approx. $75,000.00. The current owner would be willing to stay on as a sales rep. to bring on new accounts. We are seeking a serious and financially qualified buyer with at least $190K in liquid funds to cover the asking price. Proof of funds will be requested before any meetings with the owner can be made. All site visits must be discreet. All meetings must be made by appointment only! To learn more, please contact the broker Mel Vaz at 631-909-1095.

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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.