Logistics Company in Luzerne County, PA-33087

Not Disclosed, PA
Luzerne County


Asking Price: Annual Revenue:
$750,000 $667,000

Services: Transportation - Trucking, Rail, Transit


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RE: Logistics Company in Luzerne County, PA-33087 Broker: Gerald Nimberg
Owner Financing is Available!
$750,000.00 Down & None

Quick Facts

Asking Price: $750,000
Annual Revenue: $667,000
Net Profit: Not Disclosed
Cash Flow: $200,000
Total Debt: Not Disclosed
FF&E: $125,000
Real Estate: Not Disclosed
Year Established: 1980
Employees: 2
BBN Listing #: 27524447
Broker Reference #: 33087

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Business Overview:

Eastern PA logistics company with $600,000 in annual revenues (has both motor carrier authority and freight broker operating authority) poised for growth in spite of economic downturn and industry downturn. Long term clients located primarily in the tri-state area with most loads local and some dedicated lanes averaging $3.93 Per Total Mile. About 15 trailers all parked onsite at client locations for both parking and drop and hook loads. Fleet is primarily owner-operators (3 this week) with one power unit (currently not in use). Company also has access to freight deemed critical by the federal government and benefits from the lifted restrictions (such as hour of service, CDL renewals, etc) helping to insulate from any economic shutdown.With the recently acquired broker authority, this business can be 100% non-asset based and operated from anywhere with a laptop and phone.

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Reason for Selling:

Retiring

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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