Trucking Business for Sale in NJ - 35018 Business Type: misc. service/non-classifiable,misc. wholesale/distribution/non-classifiable,other business services,routes,wholesale/dist businesses,freight moving/delivery/storage/warehousing
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $2,750,000 | Down Payment | $2,750,000 |
| Gross Revenues | $7,336,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $800,000 | Number of FT Employees | Register Free to View |
Financing
$2,750,000 Down and
Business Description
The company is a licensed and bonded freight shipping and trucking company located in Morris County, New Jersey. It hauls general freight and refrigerated food cargo across the Norther territory of the U.S. from Morris County, New Jersey to Seattle, Washington
In 2022, the owner transitioned from driving to managing and building his business and by adding trucks, dispatchers, local day trips and long hauls.
In 2023, the owner reduced his dependence on owner-operators and added his own trucks and drivers and has increased his gross and net by about 40%.
The logistics business now includes a very profitable parking complex that provides rental space for 44 trucks and trailers along with a warehouse and mechanic’s shop. Parking space is extraordinarily tight along the North Jersey highways and there is a backlog of tenants. Property is not available.
For more information, contact Gerald Nimberg, Senior Business Brokers, Vested Business Brokers at 646-269-4616.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
Attention Business Owners:
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
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.
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