Property Details

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