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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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4 Trucks 5 Drivers Trucking Company - Home Based

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $720000
Net Profit / Cash Flow  $84000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1992
Number of Employees  4 - 5
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  4 weeks, 30 hours per week, more is available if needed. Buyer is truly one of the major assets of this acquisition, after 20 years, he knows all the tricks, pitfalls, loopholes, everything about trucking and transportation to make a highly efficient and
Reason for Sale  Other business interests.
Description  Referenced adjusted net profit of $84,000 would be for a new owner operator with proper credit trade lines for fuel and without existing debt service that is causing current ownership frustration. Seller primarily utilizes freight brokers for about 80% of the runs, however, he does have 5 existing relationships with clients that would be transferred to the new owner. Existing accounts receivable of about $7,000 to $12,000 would be transferred to the Buyer as well. 4 Freightliner tractors, 1998, 1999, 2000, 2005. Has it's own authority, clean with all licenses, etc...will need to upgrade 1 truck and 1 trailer next year to comply with new clean air laws, unless you have credits on file with your firm or you purchase them. Ideal buyer would be a freight broker who would like to secure additional profit centers, or a small manufacturing company that would like to port over their transportation in house. Steady, loyal, driver pool, that stayed with the Company after drastic reductions in pay during the economic abyss. This is a C-corp and can be transferred as a stock sale to ensure quick close, at the discretion of buyer and advisers. NDA is required for exact business address. Facilities: Home based business, single owner. Support/Training: 4 weeks, 30 hours per week, more is available if needed. Buyer is truly one of the major assets of this acquisition, after 20 years, he knows all the tricks, pitfalls, loopholes, everything about trucking and transportation to make a highly efficient and profitable company. Reasons for Selling: Other business interests. Competition/Market Pros and Cons: Currently with the economy improving prospects are good for trucking companies. Growth and Expansion Pros and Cons: Seller experienced a short-sale of his home which sabotaged his credit rating. Unable to secure proper credit lines for fuel and other.
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