Towing & Auto Repair Company in Connecticut - Business for Sale
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Trucking and Truck Repair Company in New Haven County, CT
CT, US
Added 3 years ago
Towing, Trucking, and Auto Repair Services
11 years in business
Family-owned trucking and truck repair business operating for 11 years in New Haven County, Connecticut, providing freight moving and truck repair services.
Key Information
Asking
$1.1M
Revenue
$1.6M
Earnings
$300K
Multiple
3.7x
Key Highlights
- Business has been established for 11 years
- Trucking services generate approximately $900,000 in gross sales; truck repair generates approximately $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, a mobile 450 sq. ft. dispatch office, and other vehicles, tools, and equipment
- There are 4 full-time repair shop employees, 2 full-time office employees, 4 W2 drivers, and 3 1099 drivers
- Premises include a 5,000 sq. ft. repair 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 a 90-day transition period and offer seller financing: $150,000 down, $150,000 financed over 24 months at 7%
Contact Info
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