WELL -ESTABLISHED LOCAL TRUCKING / WAREHOUSING / CONSOLIDATORS
(Transportation; Transportation, Freight Transport. Arrangement; Transportation, Trucking Companies; )
Bergen, New Jersey
Listed Price: $ 1,200,000
Listing ID: XC666789
Listing DetailsGross Revenue: $ 1,200,000
Cash Flow: $ 341,000
FFE: $ 50,000 (Included in Price)
Inventory: $ 0 (Included in Price)
Form of Ownership: S Corp
Reason for Sale:
RETIREMENT
Training & Support:
SELLER WILL COMPLETELY TRAIN
Listing SummaryBusiness Description:
WELL ESTABLISHED TRUCKING / WAREHOUSING CO. This company services Eastern PA. to the Hamptons including the entire state of New Jersey and all of New York City Metro north to Albany. They do local trucking/warehousing and consolidating for some retail clients with multiple retail locations.
Historical Summary:
The company has been in business for 40 years servicing the same area.
Owner Qualifications:
buyer should have trucking experience.
Competition:
While there are many trucking companies in the area , this company has never lost a client to any of them.
Potential Growth:
UNLIMITED
Financing/Terms:
TO BE NEGOTIATED
LocationLease Expire: 2018-12-31
Option: 5 YEARS
Lease Security: 15000
Monthly Rent: $ 13,500
Square Footage: 35000
Type of Location: Stand Alone
Facilities:
35,000 SQ FT. WAREHOUSE AND 3 COMPANY OWNED 25 FT BOX TRUCKS AND 5 OWNER OPERATED TRUCKS
OperationYear Established: 1970
Last Acquired: 2007
Days & Hours of Operation: 8AM-5PM M-F
Employees: Full Time: 5 / Part Time: 5
Absentee Owner: No