Trucking and Logistics Company NJ - Business for Sale
Request Information
The contact information for this deal is locked. If you wish to unlock this information, you need to upgrade to SMB Deal Hunter Pro.
🚚
Entertainment Industry Trucking & Logistics Company in Kearny, NJ
Kearny, NJ, US
Added 11 months ago
Trucking and Logistics
11 years in business
Trucking and logistics company based in Kearny, NJ, specializing in high-touch logistics for premium entertainment and touring industry clients, operating since 2014 with 19 full-time employees and two leased facilities.
Key Information
Asking
$7.0M
Revenue
$10.2M
Earnings
$1.5M
Multiple
4.7x
Key Highlights
- Business has been established for 11 years (since 2014).
- 19 full-time employees.
- Asset-light operation: all drivers operate their own vehicles.
- Two leased facilities: Kearny (60,000 SF, 9 dock doors, 2 drive-in doors, monthly rent $73,553.12) and Fairview (50,000 SF, 4 dock doors, 1 drive-in door, monthly rent $78,916.20), with about three years left on each lease.
- A forklift is leased with 3 years remaining; monthly payment is $638.27 with a dollar buyout.
- Client base includes premium entertainment industry clients, including Beyoncé.
- Seller requires at least $5,000,000 cash down at closing; seller may consider 15%-40% seller financing for qualified buyers.
- Seller and his son are willing to stay on for up to 3 years to support transition and growth.
Contact Info
Unlock Premium Features
Get everything you need to find, finance, and acquire your business
Personalized Deal Flow
On and off market deals curated to your search criteria.
Unlimited 1:1 M&A Support
Expert advisors to help you spot red flags, negotiate your offer, and hand hold you all the way to close.
Pre-Vetted Deal Team
- * Intros to our preferred lenders
- * Access to our investor community
- * Discounted 3rd party Financial and Legal diligence