Successful Interstate Trucking Outfit

Hudson County, NJ

Seller Financing Available
Successful Interstate Trucking Outfit

Asking Price:$675,000

Cash Flow:$352,475

Gross Revenue:$1,300,000

EBITDA:N/A

FF&E:$250,000

Inventory:N/A

Lease Rate/Sq. Ft.:N/A

Established:11

Successful Interstate Trucking Outfit

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Business Description

Semi absentee Interstate Trucking company situated in redeveloped area of Secaucus saturated with trucking terminals; being a tenant in a large terminal gives owners many cost benefits. 95% of leads/loads from brokers agreement. Equipment 6 tractors, 10 trailers, constantly maintained (1 dispatcher). Routes cover all NJ/Mid NY state, L.I., PA. to Harrisburg, all CT. Very good returns while paying off equipment. Perfect for fleet operators to acquire to gain more contracts/contracts or novice since owner would stay 30 days to show business to new buyer. Close to turnpike entrance and major highways thru NJ. Return loads gained thru same brokers. Next year (September) Equipment payout will drop $5,000 monthly.

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
In a spacious trucking terminal where any lease receives terrific benefits- very low rental, all utilities, maintenance and garbage pickup free; most broker contacts come from terminal
Competition:
Plenty of competition being exposed to brokers who bring you contacts and leads is very important; trucking terminals gives you this advantage
Growth & Expansion:
Maintain clean fleet and exposure to other truck contractors is important; to get into areas that other carries are not involved with
Financing:
A strong buyer (experienced) can obtain financing of $275,000
Support & Training:
Up to 30 days
Reason for Selling:
Young enough made his money and want to enter other field

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Vito Mastromonaco

Business Listed By:
Vito Mastromonaco

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Larry Bodner

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