Asking Price: $8,500,000
Cash Flow (SDE): $2,000,000
Gross Revenue: $4,500,000
Real Estate: available for sale or lease separately
Established: 1995
Business Description:
The trucking company specializes in local, regional, and long-haul services for several long-tenured customers. They deliver to the tri-state Pennsylvania/New Jersey/New York area including New York City.
They also service most of the East Coast from Connecticut to the North and Florida to the South. Their routes also stretch as far West as Texas.
The company also offers on-site warehousing at their large facility, along with limited and seasonal refrigerated delivery services.
Detailed Information
Vehicles and Equipment: The company’s 12 trucks and 23 trailers are included in the sale and available for inspection.
Employees: 11
Facilities: The real estate is not included in the Asking Price. The real estate value is estimated at $2.5M and consists of 30,000 sq. ft. The real estate is available for sale separately or is also available for short-term or long-term Triple Net (NNN) lease.
Competition: The founder has managed and grown the business for over 30 years.
Growth & Expansion: The company does not have an active sales force, and there are plenty of opportunities for growth by acquiring additional customers located across their sizable geographic footprint.
Support & Training: The Seller is available for a mutually agreeable period of paid consulting for 6-12 months.
Reason for Selling: Retirement
PMJ HQ located in Clarks Summit, PA