Freight Hauling Business for Sale - 32921

Not Disclosed, NJ
Morris County


Asking Price: Annual Revenue:
$1,200,000 $1,400,000

Services: Transportation - Trucking, Rail, Transit


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RE: Freight Hauling Business for Sale - 32921 Broker: Nathan F. Goldstein
Owner Financing is Available!
$600,000.00 Down & $600,000 over 24 months at terms to be determined.

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $1,400,000
Net Profit: Not Disclosed
Cash Flow: $300,000
Total Debt: Not Disclosed
FF&E: $350,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: Not Disclosed
BBN Listing #: 51094447
Broker Reference #: 32921

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Business Overview:

This is a car hauling business that started in August 2010, with a pickup truck and a trailer that hauls 3 cars, together having a value of $20,000. With a lot of dedication and endless hours of work, this seller managed to bring this operation to a 6 trucks total, 5 semi tractors with trailers, each of them hauling 7-8 cars that they are using for the long distance trips, and one straight truck hauling 5 cars ,that we are using for the local pickups and deliveries. All this equipment has an approximate value of $600,000. The equipment its financed and between and 3 years will be paid off. The 5 semi tractors are doing trips from New York, New Jersey area to Dallas TX and Houston TX and seasonal to Florida. With a logistic office run the owner and his partner they manage to keep their trucks moving so each of them it's making between 30 to 35 trips per year. They are loading from the loading boards and also from their own customers, dealers and privates. Currently they are renting a parking yard for the trucks inNJ, where there is also a truck shop on the premises that they are using for all the maintenance and repair needs. Seller will agree to help manage the business for the new owner and train at least two new people that this business need to run properly(dispatcher and fleet manager). Contact Nathan Goldstein.

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Reason for Selling:

Relocation

Additional Details:

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

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