Trucking Business for Sale in NJ - 37903

Financing

$1,750,000 Down and $750k @7% over 3 years

Business Description

This listing Must Be Sold Along with Listing 37904

This licensed and bonded freight shipping and trucking company is located in Morris County, New Jersey and hauls freight primarily across the northern territory from New York to Oregon. It hauls dry goods, refrigerated food, produce and general freight.  

In 2022, the owner transitioned from driving to managing and by adding trucks, drivers, dispatchers, local day trips and long hauls he established his freight business. In 2023, the owner reduced his dependence on owner-operators and began adding his own trucks and drivers and increased his gross revenues to its current volume of $7.25 million and net profit to more than $500,000.

The sale comes with 17 well-maintained trucks and 20 trailers including Volvo, Freightliner, Great Dane and Utility reefers and a staff of five- Operations Manager, two dispatchers, bookkeeper and a warehouseman.

The company works with five major brokers hauling dry goods out and refrigerated goods back.

This logistics company can is available by itself or with a very profitable parking facility that provides rental space for 44 trucks and trailers. Parking space is extraordinarily tight along the North Jersey highways and there is a backlog of tenants.

For more information, contact Gerald Nimberg, Senior Business Brokers, Vested Business Brokers at 646-269-4616.

In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.

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.