Full-Service Intermodal Trucking Company
Off-MarketNJ
full-service Intermodal Trucking Company Operating
Request an Introduction
Sign in to request an introduction to the seller and unlock full deal details.
$2,500,000
$400,000
16.0%
2019
30+ Days
Customers
Major customers include Amazon and Lowes, pulling containers for them — 10-15 boxes daily. The company also runs spot market work but cannot accommodate additional customers due to capacity constraints.
Customer Acquisition
Not focused on new business generation, as the company is severely capacity-constrained, handling 10-15 boxes daily against customer requests for 50-70 boxes.
Team
The business employs 12 W-2 drivers. However, the owners plan to transition from W-2 employees to owner-operators who lease their trucks under the company's authority, reducing payroll, fuel, and insurance expenses.
Owner's Role
Partners are currently managing all operations, including dispatch, data entry, and accounting.
Reason for Selling
The business experienced rapid scaling from 2-3 trucks to 15 trucks after Amazon contracted with the company, which exceeded the partners' capacity to manage and finance the operation. The company lacks the capital needed to continue operations at the current scale and fulfill increasing customer demands.
Contracts
Yes
Real Estate
No, leases a yard to store company vehicles.
When Are You Looking to Sell
ASAP
Licenses Required
Yes
Additional Notes
Amazon and Lowe's pay invoices on 30, 60, or 90-day terms, requiring the company to use a factoring company that charges 5% to provide working capital. Operating costs, including fuel, tolls, driver pay, and truck maintenance, create significant capital demands at the current scale.
Business ID: 1494
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