Business For Sale

Rapidly-Growing Intermodal Trucking Company

Lake Worth FL, FL
Palm Beach County


Asking Price: Annual Revenue:
$1,600,000 $4,000,000

Services: Transportation - Trucking, Rail, Transit


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RE: Rapidly-Growing Intermodal Trucking Company Broker: jim baker
License #: U812..773
Owner Financing is Available!
With 800K cash down, owner will carry a note for the remainder.

Quick Facts

Asking Price: $1,600,000
Annual Revenue: $4,000,000
Net Profit: $359,999
Cash Flow: $400,000
Total Debt: Not Disclosed
FF&E: $750,000
Real Estate: Florida
Year Established: 2010
Employees: 20
BBN Listing #: 36297375
Broker Reference #: Not Disclosed

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Business Overview:

This fully-integrated Intermodal trucking company with established Blue Chip clientele and a sound foundation is seeking a synergistic partner, investor, or full buy-out. In addition, the company is an FMC licensed freight forwarder, NVOCC carrier as well as a truck brokerage firm. While the company is headquartered in beautiful Lake Worth, Florida, the leased truck terminals are strategically placed in Norfolk,Virginia and Charleston,South Carolina; each is staffed with a manager and support staff who report daily. Primarily, the main objective is to transport dry and refrigerated cargo between the warehouse and local ports; there is an equal balance of import/ export loads with leading frozen food companies in addition to extensive business dealings in Canada.

Since its inception in 2010, sales have skyrocketed from 0 to $5.2 million in 2016. Moreover, projection for the next four years shows 2020 finishing at $8,400,000(established). On the basis of the $5.2 million, 10% profit was generated. Important to note is extensive, unrealized business opportunity in the currently serviced ports of Norfolk,Charleston and Savannah. In addition, current national accounts are willing to share their outport business; therefore, growth may be projected in New Jersey,Delaware, Florida, Texas and the West Coast, thus generating even more revenue. .

Included in the asking price are fifteen(15) trucks and eighteen (18) chassis that are at a depreciated value of $ 750,000. Volvo and International heavy duty tractors are also part of the inventory.
Please note. The seller wants a minimum of 850000K cash down, he will carry a note for the difference.

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Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • The owner is not 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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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