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Business for Sale Summary

Long Haul Trucking Company - 34917

Business Type: illness forces sale!,misc. service/non-classifiable,other business services,seller financing available,freight moving/delivery/storage/warehousing
Owner Financing
Long Haul Trucking Company
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This business has received 17 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $700,000 Down Payment $500,000
Gross Revenues $1,780,000 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$500,000 Down and $200K over 18 months @ 7%.

Business Description

Long Haul Trucking Company. Massive price reduction! A great base of business to build on top off or bolt on to an existing trucking company. This is not your typical sale. This company was established in 2021 to support the freight needs of a ramp manufacturer servicing the VA. Unfortunately, one of the partners wives became very ill. The VA contract also expired. This reduced their freight needs. The partners do not want to lose focus on their primary ramp business and that is why this business is on the market. This is a fully equipped, fully-staffed, turn-key business with all infrastructure and state-of the-art equipment and vehicles available for sale. That includes a top-of-the-line fleet of 4 KW T680’s with new APU’s, 1 Freightliner day cab and one Hino straight truck. Also, 5 air ride trailers, all with lift gates and electric pallet jacks. This company hauls freight across the country from the East coast to the Rockies. They have all active DOT registrations and filings are all current. Even with the loss of the VA contract, the business still grossed $1,780,000 is the past year. The ramp manufacturer would continue service with a new owner to ensure retention of nearly 60-70% of those sales. The balance of sales are made up of back hauls through freight brokers. We are seeking a serious and financially qualified buyer with at least $500K in liquid funds to cover the down payment. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com. Proof of funds will be requested prior to any buyer-seller calls or meetings. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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.