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Business for Sale Summary

Trucking Business for sale in NJ - 35018

Business Type: misc. service/non-classifiable,misc. wholesale/distribution/non-classifiable,other business services,routes,seller financing available,wholesale/dist businesses,freight moving/delivery/storage/warehousing
Owner Financing
Trucking Business for sale in NJ
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Financial Information (non-confidential)

General Information
Asking Price $1,500,000 Down Payment $1,000,000
Gross Revenues $2,000,000 Lease Remaining Register Free to View
Owner’s Cash Flow $425,000 Number of FT Employees Register Free to View

Financing

$1,000,000 Down and $500k at 0% for 24 months

Business Description

Husband and wife are expecting their first child and have decided to sell their trucking company. The business is national; it operates out of North Jersey and North Carolina, and it comes with a spotless DOT and MC number. The business is highly profitable. Business is a licensed and bonded freight shipping and trucking company. It hauls general freight and refrigerated food cargos anywhere in the United States. While the Jobs are broker driven, the company does receive preferential treatment from a few major brokers because of its proven track record. Routes typically run from the North, Michigan to Maine, to the South and Southwest- Georgia, Florida, Texas to Arizona. Receivables are factored. Included in the sale are five trucks and five trailers all of which are in excellent condition, and it comes with five seasoned drivers and four owner-operators who operate under the company’s authority. 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.