Highly Successful Bonded NY Trucking Company

Not Disclosed, NY
Queens County

Asking Price: Annual Revenue:
$3,500,000 $2,000,000

Services: Transportation - Trucking, Rail, Transit

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RE: Highly Successful Bonded NY Trucking Company Broker: Raymond Saleeby

Quick Facts

Asking Price: $3,500,000
Annual Revenue: $2,000,000
Net Profit: Not Disclosed
Cash Flow: $1,292,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1984
Employees: 10
BBN Listing #: 14842979
Broker Reference #: 9885RS

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Business Overview:

Highly Successful and Bonded New York Trucking and Storage Company.

This business offering is for a vital trucking company located in New York City near JFK Airport in a 10,000 square feet facility. It has been in business for 38 years with an extensive list of repeat clients. The company provides air and ocean import/export, trucking services, and storage in the Tri-State Area and has a fully equipped warehouse. They operate out of a fully licensed and bonded container station near JFK where they hold freight awaiting customs release. They provide warehouse transfer and breakdown service as well as separating freight for different destinations. Their experienced ocean team manages containers coming out of the piers in New Jersey and delivers them to their destination. The skilled team works well with their clients to ensure that shipments are picked up as quickly as possible and delivered to their destinations on time. As a fully licensed bonded container freight company, importers, and shippers are advantaged to have their cargo transported pending customs clearance until it reaches its bonded warehouse facility.

The owner has developed sustaining relationships with numerous (25+) shippers serving as ongoing clients. He has a passion for service and client satisfaction. He has focused heavily on addressing client expectations resulting in the thriving business it sustains. While his reason for selling after 38 years is Retirement, he is willing to stay on-board to further grow the business with the new owner, if desired.

For More Information Contact:
Raymond Saleeby
Executive Business Brokers
2583 Morris Ave
Union, NJ 07083

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Property Features and Assets:

Key Data: • Eight (8) well maintained Trucks • Fully compliant with Electronic Logging Device DOT requirements • Ten (10) employees, including six drivers & two new driver hires about to join • 2021 COVID Revenue $1,270,263. • 2022 through January to October 5th, $1,707,402 • 2022 Full Year Revenue Projection, $2 million • 2022 Full Year Net Income Projection, $1.2 million (60% Net Margin) • 2022 Full Year Cash Flow $1,292,000 • 10,000 square feet parking and storage.

Market Competition and Expansion:

The trucking industry is our economy's lifeblood. The industry represents over 80% of our nations freight bill. Along with the current and significantly increasing activity for 2022 and beyond, prospects are outstanding.

Reason for Selling:

Retirement from Ownership.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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