Profitable and Established Trucking Company

Not Disclosed, NJ

Asking Price: Annual Revenue:
$1,300,000 $3,846,000

Services: Transportation - Trucking, Rail, Transit

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RE: Profitable and Established Trucking Company Broker: Joe Coculo

Quick Facts

Asking Price: $1,300,000
Annual Revenue: $3,846,000
Net Profit: $1,074,563
Cash Flow: $524,265
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 44
BBN Listing #: 158526891
Broker Reference #: Not Disclosed

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Business Overview:

This company has 100's of clients with 38 drivers who service container services via airport, ports, and drivers who do local dry logistics daily. It's also unique that it has an agent who does provide this logistics company all the necessary back-office support to the owner can concentrate on the day to day operations and business development. All A/R is paid by the agent immediately, which means no A/R is left for the owner to waste resources to collect. No losses. A business owners dream. He operates partially remotely and has an excellent staff of employees. With 38 independent drivers and growing to help support his business.

This is one of a kind and can easily be relocated if desired. It’s a must to see if you thought about entering this industry. This NJ trucking company provides container drayage from NY/NJ ports to NJ, NY, PA, CT, RI, and MA. They also provide van services locally to NJ and Rockland County, NY. Serving a concentrated area, they are usually able to provide transportation needs within a 24-hour window. They provide email tracking updates from start to finish of van or drayage moves.
The company can be purchased with or without the agent services
The company will end 2018 sales at $4,021,000. it's best year yet.

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Property Features and Assets:

The facility has a 20 slot truck and trailer space along with 2 offices. They also collect $2,000 a month from renting space to owner operators. This offset their rent costs. Extremely convenient to all airports, major highways.

Market Competition and Expansion:

The company is currently using an agent that helps take the day to day headache out of daily "paper issues" along with paying all A/R and providing the insurance necessary for its trucks. This company runs lean and has a strong edge over competitors as it spends allows the owner to focus on sales, service, rather than backend nonproductive functions. For every truck it puts on the road, it creates a net profit of $100,000. By simply following up with past and existing customers this company can easily grow 25% it’s first year. New acquisition customers can be targeted by an inexpensive marketing strategy. There is much room for growth with the right buyers.

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.

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