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Trucking & Auto Repair Business in New Haven County, CT

CT, US

Added 1 month ago

Towing and Auto Repair Services

A family-owned trucking and auto repair business located in New Haven County, CT, offering freight moving and truck repair services.

Asking

$1.1M

Revenue

$1.6M

Earnings

$300K

Multiple

3.7x

Business has been in operation for 11 years
Trucking services generate approximately $900,000 in gross sales; truck repair generates about $350,000 in gross sales
Business includes about $250,000 in assets, including 8 trucks (6 fully owned, 2 bank owned), a pick-up truck with air compressor, and a mobile 450 sq. ft. dispatch office
Staff includes 4 full-time repair shop employees, 2 full-time office employees, 4 W2 drivers, and 3 1099 drivers
Facility includes a 5,000 sq. ft. shop with 4 bays and a 20,000 sq. ft. lot; rent is $4,500/month with 4 years left and a 5-year option
Seller is willing to provide seller financing: $150,000 down, $150,000 financed over 24 months at 7%
A 90-day transition period is offered by the seller

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Towing & Auto Repair - Business for Sale