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Business For Sale

PROFITABLE TRUCKING BUSINESS

Attn: Henry Weaks
Glendale, CA, USA
Listing Number: "291"
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Asking Price: $390000 USD USA Dollars
Business for Sale Industry: Services: Travel, Transportation  
Reason for Selling: Other interests overseas
Year Established: 1995
# of Employees: 1
Yearly Cash Flow: $167000
Yearly Gross Income: $615000
 

Business for Sale Overview:

This is a very profitable 12 year old transportation and trucking business operating a fleet of three (3) tractors with refrigerated trailers, located in an office adjacent to owner's home in the Burbank/Glendale area of Los Angeles. Operations consist of transporting fresh produce and seafood from California to the east coast, returning to the west with a full load of mostly non-refrigerated merchandise. All aspects of the company are handled by the owner in only a few hours per day from his relocatable office. All knowledge of business is easily transferable to a new owner. The five trucks and refrigerated trailers in use are listed on an Equipment List and are valued at $231,000. Two are fully owned and one is leased. At the end of the lease, company buys the each truck for $100. Selling price includes truck and trailer leases being paid off - approximately $85,000. As an option, buyer, may assume leases and deduct the amount owing from selling price. In 2007, the three trucks create gross revenue of $1,029,000 as follows: Truck #65 $202,000 Truck #99 $205,000 Truck #84 $215,000 TOTAL $622,000 Revenue per truck is conservatively valued at $615,000 for 3 trucks As previously stated the trucks primarily haul fresh produce cross-country from California to the Northeast, hauling dry goods on the return trip. In the summer, each truck makes 2 ½ to 3 runs per month; in the winter only 2. Rates for hauling produce west to east average $6400, with the return trip averaging $2,400. However the west to east rates for produce are substantially higher in the summer and fall months. The return trip rates are relatively constant. Drivers are paid on a per trip basis, not per mile.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner may be willing to work for the new owner.
  • This may become a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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