Growing & Profitable Trucking & Transportation Business

Hudson County, NJ (Relocatable)

Seller Financing Available
Growing & Profitable Trucking & Transportation Business

Asking Price:$2,750,000

Cash Flow:$645,814

Gross Revenue:$3,771,189

EBITDA:N/A

FF&E:$700,000

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:N/A

Growing & Profitable Trucking & Transportation Business

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Business Description

This well-respected trucking company specializes in long haul and cross-country transports. It accepts loads of general cargo, over size hauling, construction materials, and time-sensitive loads. This highly profitable model has been showing great results for a number of years. This year 2016, the company will be doing close to $4 Million dollars in revenue, averaging a $1 million per quarter! The company owns a fleet valued at $700,000 includes 13 trucks – none older than 2002 – and 10 trailers FFE included in the price.
The entire operation and the office space is portable and can be moved according to buyer’s needs. In addition has 15 trailer spots secured in the Tri State area. 90% percent of the business is booked through brokers on a daily basis. These brokers, have a very close relationship cultivated through the years. The company has built a list of shippers who are repeat customers and these customers are the most profitable clients of the company. They have a consistent flow of profitable revenue and impeccable credit with their financial institution, a great reputation in the market, and are in good standing with DOT with an excellent safety record.

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
13
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
The Transportation industry in considered to be a mega-industry in America, with hundreds of thousands of third-party logistics firms focusing on 3 main areas of transportation: air freight, intermodal and trucking. Transportation companies generally pull around 7.7% in gross profit and on average, have only 4 employees. The advantage to working in an industry that is constantly evolving is that with change comes opportunity, and freight forwarding businesses are facing several opportunities for growth and profitability. As China and India shift into the #1 slot as electronic manufacturers, this opens up more opportunity for international importing/exporting. Sophisticated new software also opens the door to become more than just a shipper, but also a consultant on all aspects of the supply chain.
Support & Training:
Seller will provide support for a limited time.
Reason for Selling:
Relocation.

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Sam Levine

Business Listed By:
Sam Levine

Synergy Business Brokers

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Blake Taylor

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