Property ID : WSD24.288
For Sale $1,289,900.00 - Transportation
DESCRIPTION:
- A Very Successful and Profitable Freight Trucking Business located in the Western NY area
- This business is established and well regarded and has been serving the Northeast USA area for over 10 years.
- The Business is composed of Freight Trucking and Freight Brokering Operations
- There are currently 3 Full time office employees, and 12 Class A and B Drivers assisting the owner in the successful operation of this business
- The business has a large database of loyal customers, contracts with Fortune 500 companies.
- Their on-time deliveries and safety records are consistently the best in the business
- Their services include Truckload, Less-than-truckload (LTL), and Freight Brokerage with 48-state authority
ASSETS/FIXTURES/EQUIPMEN/VEHICLES: (Included in the asking price)
- Furniture, Fixtures, Equipment and Vehicles at a Fair Market Value of $ 160,000
- Spare Tire Inventory of $ 8,000
INCOME AND SDE
Income: 2021 – $ 4,474,452 2020 – $ 4,609,940 2019 – $ 4,787,123 2018 – $ 4,617,918
SDE: 2021 – $ 569,739 2020 – $ 377,302 2019 – $ 314,110 2018 – $ 368,544
Note: 2021 Income and SDE includes $ 190,350 in the sale of trucks
LEASE
The Office is 2,550 Total Square Feet of Space, with a Gross Rent of $ 1,550 per month
The Current Office Lease Agreement expires om May 31,2022, with a 90-day notice to terminate the lease
PRICE/FINANCING:
- The Asking price is $ 1,289,900
COMMENTS:
Non-union drivers and skilled administrative support provide a new owner continuity of income and ease of transition
