Transportation Business for Sale in New Jersey - 29068 Business Type: automotive dealers/ auto retail,auto repair,auto body/collision repair,auto/truck mechanical repair,freight moving/delivery/storage/warehousing

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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $200,000 | Down Payment | $200,000 |
Gross Revenues | $450,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $135,000 | Number of FT Employees | Register Free to View |
Financing
$200,000 Down and
Business Description
ATTENTION TRANSPORT BUYERS! HOW DOES A FEW HOURS A DAY AND APPROXIMATELY $135,000 PER YEAR INCOME SOUND?
Seller started his transportation company 3 years ago. Company is extremely successful They Transport Cars which is THIS COMPANY with three new Dodge Ram 3500 Duelees three-vehicle transporters for sale at an extremely low price.
The only reason why the seller is putting his business up for sale is the urgent need back home overseas and take care of family business matters which is going to take some time.
The business consists of the three car haulers, with three independent contractors (Drivers) who are very dependable and can keep the trucks on the road for weeks out of the month, if necessary.
The beauty of this business is a CDL is not required, and the paperwork is at a minimum, with no Fuel Reports, travel logs, state permits, portion plates, FDA sticker, etc.
This company has a 100% satisfaction rating that allows it to have First Choice through Central Dispatch, allowing it to get the best timing and money hauls.
It also has a strong network of dealers, auctions, businesses and POVs. The new buyer will be trained by the seller to master loading the trucks, where they never come back empty.
The businesses that they deal with have a 99% rating, which means 50% of the Halls are Cod, and 50% are paid within a few days, .
The trucks currently have a loan of approximately $75,000, and are valued at approximately $90,000 with the trailers valuing separately approximately $25000. in their current condition.
One truck has approximately 275,000 miles on it, and the second truck has 220,000 on it. and the third truck has 133,000.
The trucks and trailers are basically new, with no hydraulics, and a fifth wheel added.
Currently parking in a yard that costs $375 a month with security.
This business is also relocatable to wherever the new buyer plans on building their business.
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.
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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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