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Business for Sale Summary

Growing Logistics & Trucking Company for sale in N - 34482

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

General Information
Asking Price $975,000 Down Payment $300,000
Gross Revenues $2,200,000 Lease Remaining Register Free to View
Owner’s Cash Flow $350,000 Number of FT Employees Register Free to View

Financing

$300,000 Down and $675k at 6% for 72 months

Business Description

Substantial Owner financing offered. A Logistics company in Middlesex County, New Jersey has come on the market. Under contract, the Company transports Amazon trailers to various regional distribution centers within a 600-mile radius. Just four years old, this company reached revenues of $2.5 million in 2020 and has excess capacity now to well exceed 2020’s revenue and profit figures in the coming year. The Company has an exceptional performance rating from Amazon and consequently has premium selection rights to Amazon’s full Load Board. Thus, continued high margin growth year after year can be expected. The sale includes 10 tractors, 8 full-time and 3 part-time experienced drivers, 1 owner-operator, and independent mechanics. The Seller has other interests but he will stay to train and he is offering substantial financing for the right buyer.. For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers at 646-269-4616.

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.