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Businesses For Sale > Business For Sale in Sussex County, New Jersey (NJ)

Trucking Company 32688 for sale in Sussex County, NJ

Sussex County, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 160,000 $ 900,000 Undisclosed

Business Summary:
Three short years young, this trucking company developed quite a business in rapid order. With four new (2016, 2018, 2018 and 2019) dump trucks, six major customers and 20 minor customers, the company hauls mulch, rock, excavation and more along the East Coast from Delaware to Maine from its Sussex County, New Jersey location. However, each time they acquired a major customer, they purchased a new, top of the line 26-or 27-ton dump truck. The operation is profitable but the finance charges on the trucks drive cash flow negative. Note payments on one of the trucks will end late in 2020 and once completed, the business will be nearly break-even. A marginal increase in business will put it in the black. The notes are not personally guaranteed. There is plenty of business available and considerable expansion can be accommodated without further purchases. Each truck has significant capacity; regional trucking which is far more efficient and already in the mix can be further developed and note payments dwindle near term. Headquarters can be relocated to Central or South Jersey or to Eastern Pennsylvania. This business becomes highly profitable almost immediately. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-32688 for instant access to this business information.

 

   
Year Business was Established: 2016
   
Number of Employees: 4  
   
Owner willing to train: Yes  
   
Reason for selling: Other interests  
   
Seller Reference Number: 32688
BusinessMart.com Listing Number: 248271
 

 

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