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Seeking Working Equity Partner or Full Buyout

North Jersey, New Jersey

Services - Freight Carriers, Moving/Delivery | Services - Storage & Warehousing

$Seller Financing Available

Asking Price $650,000 Inventory  
Gross Income $1,250,000 Real Estate  
Cash Flow $380,000 Year Established N/A
FF&E N/A Employees 14

* included in the asking price

** not included in the asking price

Niche trucking, warehousing, & dist biz seeks equity partner

This is a trucking, warehousing, and distribution business. We are a niche player with limited competition in the market that we serve. The company has multiple streams of income which have helped us avoid a major slowdown during these economic times. This is an interesting business with an established base of customers. The business is also very scalable. There is significant income for the owner, but in order to take advantage of opportunities to grow the business I need to eliminate some of the debt from when I purchased the company a year and a half ago, and I need help managing the day to day operations. For this reason I am looking for an equity partner. The cash generated will be invested straight back into the business.

Facilities: 90,000 square foot warehouse fully equipped (leased)

Competition: Niche business with limited competition. Ideal location for distribution services to the 5 boros, NJ, and Eastern PA.

Growth/Expansion: Business has been consistant for years without any advertising at all. Completely relies on repeat customers. I want to add commissioned sales people and a web site to start growing the business. Adding trucks is easy due to availability of contract drivers with their own trucks.

Seller Financing Available: Yes

Financing: The $650,000 is for 1/2 of the business. At least $400,000 must be cash.

Support/Training: Current owner intends to stay on and work with the new parther to grow the business.

Reason Selling: Owner looking for help with day to day management

Business For Sale By

Not Disclosed

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