Location: |
Central New Jersey |
Started:
|
1978
|
Sales: |
$2,400,000 (6/2007)
67% Revenues from Trucking
33% Revenues from Load Brokering
|
Cash Flow: |
$435,000 (6/30/2007)
$480,000 (6/30/2008 projected)
|
Employees: |
10FT (6 are Drivers), PT 1 |
Asking Price: |
$750,000 |
Reason for Sale: |
Owner wants to retire |
This is an established trucking company with a long history of providing excellent service in the specialized heavy load/wide load trucking market. The company also does load brokering nationally. There are about 180 regular trucking customers. Headquarters and yard are located in Central New Jersey. These facilities are rented from a related party on a month-to-month basis. The company is not dependent on its current location for business so it could be headquartered almost anywhere in New Jersey.
The company’s competitive advantage includes price, service, capability, and the expertise to “tackle” a particular load movement. The company’s over-the-road equipment is in good condition. The company also has some older cranes and forklifts for yard use which is suitable for their intended use.
Potential growth comes from expanding the fleet to handle more loads, expanding the load brokering operating, and opening facilities in some additional locations, especially around port areas.
This is a perfect opportunity for someone interested in owning a trucking company or for a trucking company wishing to expand its operations or service capability. |