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Businesses For Sale   >>   Transportation - Airplane, Taxi, and Limousine Businesses For Sale

Transport & Recovery Company

Location  New Jersey,United States
Asking Price Range  < $250K
Gross Revenues  $360000
Net Profit / Cash Flow  $60000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  2010
Number of Employees  1 - 3
Inventory  $85.000 equipment & $2,000 inventory.
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  The owner will remain post-closing for 30 days and supply a transitional period.
Reason for Sale  Alternative company out of this area.

Description  
Transport Company with multiple functions supplies professional services to transport and recover various types of motor vehicles. This is a turnkey hauling company with trucks constantly on the road and constant demand for their services. Since 2010, their expert team of drivers are committed to mitigating and recovering your vehicle loss. They are a highly successful collateral recovery company in the state of New Jersey. They utilize technology from RDN (Recovery Database Network) and DRN (Digital Recognition Network), to provide the most proficient and effective recovery process for our clients. This particular business has two employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $6,375. The business has an assignable commercial lease which expires 2016-01-01 plus additional options, with a monthly rent of $1,200 and rent security $2,400.The sale includes a 2005 ten car diesel trailer, F350 four car trailer, GPS systems, DOT permits and all licenses and private network access including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The facility has limited private parking on site as part of the commercial lease. The business is active six days per week, with hours from 7:00 am to 5:00 pm. The sale includes an all the required state and municipal licenses and permits to conduct its day to day business. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a solid investment return to the owner operator prior to debt service.


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