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This Business has been Sold!
Closing Date: 11/04/2018

Business for Sale Summary

Line Haul Route - 30931

Business Type: freight moving/delivery/storage/warehousing,other business services,durable goods (conditions),routes,wholesale/dist businesses
Sold
Line Haul Route
On November 4th 2018, The Undersigned
Acted as the Advisor to the Deal
Joseph Stansky Esq
Joseph Stansky Esq Senior Broker
Servicing: Nassau County NY, CT, MA, MD, NC, NJ, PA, SC
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.

Financial Information (non-confidential)

General Information
Asking Price $440,000 Down Payment $440,000
Gross Revenues $1,100,000 Lease Remaining Register Free to View
Owner’s Cash Flow $220,000 Number of FT Employees Register Free to View

Financing

$440,000 Down and Balance over 5 years interest-free, negotiable

Business Description

Ground Line Haul Route. Eight night runs. 3 routes in Northeastern US-(Pa/NJ/NY). Eight trucks -All trucks paid off but one with small payment ($625). 2017 sales $1.1m with EBITDA of $260,000. Being sold below market value. Good drivers and mechanics will stay on board. Personal expenses like children college costs spur sale. All drivers and helpers in place. Owner just manages routes. Asset sale. Buyers must provide proof of funds.Trucks are parked in assigned spots at Fed Ex docks. 5-6 hours from home office per week to manage drivers, accounting and payroll, etc.Only serious buyers will be entertained. Routes are protected service areas.Seller has been asked to expand-New buyer can add 5 trucks/routes. Contact broker Joseph Stansky for more details. Proof of funds is required 1-877-735-5224.

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. PM

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.