Established and profitable trucking company for sale. The company owns/operates over 25 trucks/tractors and over 45 trailers in different configurations out of its own facility in New Jersey. The company's truck fleet is very well-maintained with at least one or two replaced with brand new models every year. The company's facility is also well-maintained and have multiple repair bays that can be used simultaneously. The company is so well run that turnover of the company employees is very minimal.
The company has 30+ regular customers across the Northeast/Mid-Atlantic Region -- some of the big brands included -- so the loss of one or two or three customers will not drastically affect the bottom line. The company stays very busy all year so buyers can start recovering their investment within the first month. Sales currently artificially set to get a tax-neutral outcome for the current owner but can easily be increased by over 30% just for agreeing to handle more requests for service from current customers!
Seller willing to sell the fleet assets and the real estate or just the fleet assets alone.
Seller's tax returns have been reviewed by a lender and deemed qualified for a SBA loan equal to 75% of asking price. Buyer's credit will affect loan conditions but at least questions about the validity of the business' finances have been mostly answered.
Please note that a signed NDA and a proof of liquid assets over $1MM are required before company financials are released. The seller is extremely busy and only wants to deal with serious buyers who have the ability to close on the deal.
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