Franchised Trucking Company – Has Accepted Offer

Price: $1,500,000

Annual Revenue: $3,346,672

Net Cash Flow: $524,265

Industry: Transportation

Location: Central, NJ

This franchised company is part of a very large successful logistics company that has taken a headache out of the day to day operations and left business development to the owner. All A/R is paid by the parent company. Which means no A/R is left to collect for this owner. No losses. A business owners dream. He operates partially remotely and has an excellent staff of employees. With 36 independent drivers and growing to help support his business.

This is one of a kind and can easily be relocated if desired. It’s a must to see if you thought about entering this industry. This NJ trucking company provides container drayage from NY/NJ ports to NJ, NY, PA, CT, RI and MA. They also provide van services locally to NJ and Rockland County, NY. Serving a concentrated area, they are usually able to provide transportation needs within a 24-hour window. They provide email tracking updates from start to finish of van or drayage moves.

Their terminal has a secured yard with video surveillance as well as a complete warehouse facility. Transloading, Warehousing with both chilled and frozen services are available. As part of the services, they are also partnered with American Food Export Services which provides storage, pallet exchange, climate-controlled services, P&E dating and multilingual labeling. In addition, full International Forwarding services are available. Services include:

• International Container Drayage
• Domestic Container Drayage
• Local Dry Van transportation (all 53’X110’X102’)
• Warehouse transfers
• Alcohol Permits
• Drop Trailer

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
The facility has a 20 slot truck and trailer space along with 2 offices. They also collect $2,000 a month from renting space to owner operators. This offset their rent costs. Extremely convenient to all airports, major highways
As a franchised company with a leader in the transportation industry, this company runs lean, and has a strong edge over competitors as it spends most of it’s focus on sales, service, rather than back end non productive functions.
Growth & Expansion:
For every truck it puts on the road, it creates a net profit of $100k. By simply following up with past and existing customers this company can easily grow 25% it’s first year. New acquisition customers can be targeted by an inexpensive marketing strategy. There is much room for growth with the right buyers.
Support & Training:
Seller is willing to assist in a smooth transition and also will provide all necessary training.
This business is an established franchise