Industry: Transportation and Storage
Listing ID: 42734622
Listing Status: Under Contract
Well established interstate B2B general freight business. Financials shown represents annualized numbers.
2022 January-November revenue is $2.23 MM, and seller earnings is $649K.
This fast growing and profitable business is located in Central Florida but providing service for all states.
Potential owner absentee and can be managed remotely. Owner is not a driver, currently helps dispatching loads to drivers.
7 well maintained tractors, 1 truck and 4 trailers are included in the sale.
All trucks/tractors with GPS tracking, ELD complaint and maintenance logs are in place.
$500,000 of EIDL is assumable by the buyer at 3.75% for 30 years. (Subject to SBA approval)
For more information, please submit NDA and financial statement/proof of funds.
Down Payment: $1,450,000
Total Sales: $2,437,277
Cash Flow: $708,404
Accounts Receivable: N/A
FFE Included: Yes
Inventory Included: No
Year Established: 2020
Year of last Acquisition: 2020
Days & Hours of Operation: 24/7
Owner Hours Per Week: 40
Lender Pre-Qualified: No
Non-Owner Payroll: N/A
Absentee Owner: No
Security on Lease: Yes
Lease Option: Available
Real Estate: N/A
Real Estate Included: No
Monthly Rent: $1,450
Type of Location: Office/Yard
Square Footage: 910
Reason For Sale: Burnt out - Other business interest
Burnt out - Other business interest
Training & Support: Seller provides training for 2 weeks at no cost.
Seller provides training for 2 weeks at no cost.