Logistics Company For Sale in Luzerne County, PA - 33087 Business Type: freight moving/delivery/storage/warehousing
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $750,000 | Down Payment | $750,000 |
| Gross Revenues | $667,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $200,000 | Number of FT Employees | Register Free to View |
Financing
$750,000 Down and
Business Description
Eastern PA logistics company with $600k in annual revenues (has both motor carrier authority and freight broker operating authority) poised for growth in spite of economic downturn and industry downturn.
Long term clients located primarily in the tri-state area with most loads local and some dedicated lanes averaging $3.93 Per Total Mile. About 15 trailers all parked onsite at client locations for both parking and drop and hook loads.
Fleet is primarily owner-operators (3 this week) with one power unit (currently not in use). Company also has access to freight deemed critical by the federal government and benefits from the lifted restrictions (such as hour of service, CDL renewals, etc) helping to insulate from any economic shutdown.
With the recently acquired broker authority, this business can be 100% non-asset based and operated from anywhere with a laptop and phone.
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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.
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