Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Logistics Company In New Haven County For Sale

New Haven County, Connecticut, US
Asking Price:
$300,000 (USD)
Sales Revenue:
$1,200,000 (USD)
Cash Flow:
$300,000 (USD)

Profitable Trucking Company and Truck Repair Shop in New Haven County, CT.This business is family-owned and operated. They have been in business 11 years, and just recently broke 1 million dollars in gross revenues.In 2016 they grossed $600,000. In 2017, $1,500,000 and in 2019 $1,200,000. They project they will have their best year yet in 2020.They offer trucking services which brings in about $900,000 in gross sales. The Trucking repair side of the business brings in about $350,000 in gross sales.The trucking side of the business essentially covers all the costs of running both the trucking business AND the truck repair business, so whatever the Repair shop makes is profit. As a trucking company they have two official accounts that provide steady business. They are still looking to make 2020 their biggest year yet even though they?re looking to sell, so they are actively seeking more accounts. The owners oversee all mechanical work and approve it before returning the vehicle to the customer, however there are 4 full-time employees in the shop that handle all the repairs.These auto repair workers are excellent, loyal, they have all invested a lot of money into their own tools so they?re there for the long run. The truck repair shop has 4 bays, it is 5,000sq. ft. and the lot surrounding it is about 20,000 sq. ft.. The all-inclusive rent is Flat $4,500/month, no increase.There are 4 years left with a 5-year option. The owners put a lot of money back into the business. They invest in training ($40,000), a new software to better manage their data ($80,000), new tools ($50,000), and a lot more trucks. They have about $250,000 in assets. 8 Trucks (all freight liners) 6 of which are fully owned. 2 are bank owned. A pick-up truck with a gasoline-powered air compressor, a mobile 450 sq. ft. dispatch office, many other vehicles, tools, and equipment to handle the orders to gross over 1.5 Million. Two Full-time office employees, four W2 Drivers, three 1099 Drivers. The seller will agree to provide a 90?day transition period to make sure you learn the business, train you, or help train someone to take over the responsibilities of the owners (as they?re very involved in the day-to-day).The sellers have a lot of confidence in what they have built over the years, their staff, their clientele, their reputation, and their ability to help you during a transition. They are willing to offer seller financing to a qualified buyer. They can accept $150,000, and finance the remaining $150,000 over 24 months at 7%.They have very good records of their financials. To release the address of this business, kindly upgrade your vestedbb.com membership to premium. Contact the broker

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 [email protected] or call us to discover the difference that is Vested Business Brokers.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-33112 for instant access to this business information.

Business Operation

Reasons for selling:

Other Interests

Employees:
10FT
Years established:
2008

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

150,000.00 Down & $150,000 at 7% for 24 Months

Furniture / Fixtures value:
$250,000 (USD)

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to Vested Business Brokers HQ. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here