Trucking and Logistics Company NJ - Business for Sale
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Entertainment Industry Trucking & Logistics Company in Kearny, NJ
Kearny, NJ, US
Added 10 months ago
Trucking and Logistics
11 years in business
Trucking and logistics company based in Kearny, NJ, specializing in high-touch logistics solutions for entertainment and touring industry clients with operations out of 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.
- Serves premium entertainment and touring industry clients, including Beyoncé.
- Operates from two leased locations: Kearney (60,000 SF, $73,553.12/month rent, 9 door docks, 2 drive-in doors) and Fairview (50,000 SF, $78,916.20/month rent, 4 door docks, 1 drive-in door); leases have about three years remaining.
- One forklift is leased with three years left at $638.27/month and a dollar buyout.
- Seller requires at least $5,000,000 cash down at closing; no SBA financing considered.
- Seller may consider 15%-40% seller financing for qualified buyers with proof of funds.
- Owner and his son are willing to stay on post-sale; owner for up to 3 years, son for as long as needed.
Contact Info
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