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Business for Sale Summary

Reputable Trucking Company in Suffolk County - 36107

Business Type: misc. service/non-classifiable,non-classifiable establishments,other business services,owner financing available,freight moving/delivery/storage/warehousing
Owner Financing
Reputable Trucking Company in Suffolk County
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This business has received 93 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $1,710,000 Down Payment $1,000,000
Gross Revenues $2,200,000 Lease Remaining Register Free to View
Owner’s Cash Flow $450,000 Number of FT Employees Register Free to View

Financing

$1,000,000 Down and balance of $710k for 60 months @ 8%

Business Description

A well-established delivery company, specializing in transporting construction materials for a prominent nationwide home improvement retail chain, is up for acquisition. This owner-operated enterprise boasts a net profit exceeding $450,000 after covering all expenses. The package includes a fleet of 11 flatbed trucks and 2 trailers valued at $350,000. The operation runs smoothly with a team of 11 drivers overseen by the owner, who provides ongoing supervision and input. Trucks are conveniently stationed at store locations, and the office/warehouse rental costs a reasonable $2,400 per month. Operating expenses consist of a $17,000 weekly payroll and annual expenditures totaling $156,000 for fuel, $150,000 for maintenance, and $350,000 for insurance. Don't miss out on this exceptional opportunity to acquire a prosperous business from a retiring owner. For more information, please contact the designated broker, Brian Bernstein, at 929-969-0007.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.