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Business for Sale Summary

Transportation Logistics Business for sale in NJ - 35285

Business Type: misc. retail/non-classifiable,misc. service/non-classifiable,other business services,freight moving/delivery/storage/warehousing
Transportation Logistics Business for sale in NJ
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This business has received 26 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $470,000 Down Payment $470,000
Gross Revenues $803,000 Lease Remaining Register Free to View
Owner’s Cash Flow $265,000 Number of FT Employees Register Free to View

Financing

$470,000 Down and

Business Description

Semi Absentee - Owner Financing for the Right Buyer Operating out of Bergen County, New Jersey, the owner of this business has put his logistics company up for sale. The business is national; outbound and inbound (backhaul) trips are selected from a national 'Load board' that defines the trip, load, time frame and payment. Typical routes include South to the Southwest out to Texas and Oklahoma, or the Northern routes to New England and Mid-Atlantic states out to Ohio. The company enjoys a spotless MC Number and Insurance Company Rating. Included in the sale are two relatively new Volvo trucks and two Wabash trailers valued at about $200,000 and all in good working condition. A third Volvo truck may be available at Buyer’s option. It comes with two seasoned drivers and an on-call driver. Owner no longer drives, dispatches only. This business is highly profitable and can be operated anywhere you can fit a desk and computer. Acquire trucks and build the business as fast as you wish. Or pair two drivers together and establish teams which will keep the trucks continually moving thereby doubling your deliveries and profits. 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.