|
Bridge Pointe, 214 Bridge Street, Building D, Metuchen, NJ 08840
|
|---|
| BUSINESS PROFILE |
| Specialized Freight Trucking Company |
Location: Central New Jersey
Years Established: 1978
Under Present Owner: 1978
Gross Sales: $1,460,229
Cash Flow: $ 130,000
FF&E: $ 300,000
Inventory: $ 20,000
Number of Employees: 10 Full-time, 1 Part-time
Asking Price: $ 750,000
Reason for Sale: Owner would like 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. There are about 180 regular trucking customers. The company also does load brokering which represents 40% of sales and most of the profit.
The company’s competitive advantages include 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 suitable for their intended use.
Potential growth comes from expanding the fleet to handle more loads, expanding the load brokering operation, and opening facilities in some additional locations, especially around port areas.
This is a perfect opportunity for someone interesting in owning a trucking company or for a trucking company wishing to expand its operations or service capability.
The owner will also be interested in a partnership with a qualified buyer.