Summary Description This business has been a workhorse over the years for my Seller and he has slowly but surely re-invested his profits into the business and grown from a single rig to 8 trucks presently.
Current Status: Active
Posting #: 167969
Last Refreshed: 6/14/13
CONTACT INFORMATION
Rick Carlson
800-985-4939 X308
License: 01820673
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CONTACT IS A
Intermediary
BUSINESS LOCATION
Wilmington
AREA(S) AVAILABLE
Los Angeles County
COUNTIES AVAILABLE
Los Angeles
ADDRESS / CITY / ZIP
Wilmington
FINANCIAL INFORMATION
Asking Price:
$550,000
Down Payment:
$300,000
Annual Revenue:
$1,600,000
Annual Adjusted Net:
$120,000
DETAILS

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Home Based

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Training And Support

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Relocatable

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Bkr Cooperation - Call
TRUCKING SERVICE IN WILMINGTON FOR SALE DETAILS
Summary Description
This business has been a workhorse over the years for my Seller and he has slowly but surely re-invested his profits into the business and grown from a single rig to 8 trucks presently. Steady stable of drivers included, they are on a 25% revenue share of the gross income so they are vested in the success of the overall enterprise and on each and every run. Seller's company operates on a leaseback to a global distribution company with ports/terminals in California, Washington, Missouri, Texas, Louisiana, Florida, Maryland, New Jersey, and Georgia, just to name a few. Primarily hauls autos and commercial vehicles. The great part is the larger outfit pays takes care of all the DOT issues, insurance, fuel, etc...the Seller just acts as dispatch and logistics coordinator. Excellent opportunity for existing enterprise to expand revenue base and add top of the line contracts and drivers to their firm. 5 trucks paid for free and clear, 1 truck bought in 2009 is a 2007 and payment is 4,100 per month, other 3 trucks' payment is 3,400 per month. NDA is required for exact business ID and to schedule a conference call to discuss this opportunity with the Seller directly.
General Information
Facilities (Home Based): Home based business, Seller acts as dispatch, fuel, log coordinator and troubleshooter / fixer of the entire operation.
Competition: Has a phenomenal agreement in place with a heavy hitter in logistics industry that keeps the trucks busy. Don't rock the boat and you'll continue to cash in just like the Seller has for 42 years running.
Growth and Expansion: Add more trucks, there is additional capacity with this arrangement the Seller is in.
Support/Training: Extensive support provided, pride of ownership for 42 years, he's going to make sure you are successful.
Reason Selling: Retirement. Seller is in his 70's.
Year Established: 1969
Employees: 9.
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