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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
Trucking Business for sale in NJ
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Financial Information (non-confidential)

General Information
Asking Price $2,500,000 Down Payment $2,500,000
Gross Revenues $5,000,000 Lease Remaining Register Free to View
Owner’s Cash Flow $400,000 Number of FT Employees Register Free to View

Financing

$2,500,000 Down and

Business Description

The company is a licensed and bonded freight shipping and trucking company. It hauls general freight and refrigerated food cargo anywhere in the United States. Growth in 2023 has been explosive. In 2022, the owner transitioned from driving to managing and building his business and by adding dispatchers, local day trips and a number of owner-operators into the mix, volume has increased to its current level. The Jobs are broker driven but the company does receive preferential treatment from a few major brokers because of its proven track record. Northern Routes typically run from Maine to Michigan, South to Georgia and Florida, and Southwest to Texas, Arizona and California. The owner acquired eight trucks and eight trailers, all owned free and clear, in excellent condition, and are included in the sale. Six are reefers and two are dry haul. The Business comes with eight seasoned drivers. The business also comes with a spotless DOT and MC number. For more information on this listing, 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.