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Rapidly-Growing Intermodal Trucking Company For Sale

Lake Worth, Florida
Asking Price:
$2,400,000 Furniture / Fixtures included
Sales Revenue:
$5,300,000
Cash Flow:
$250K - $500K

This fully-integrated Intermodal trucking company with established Blue Chip clientele and a sound foundation is seeking a synergistic partner, investor, or full buy-out. In addition, the company is an FMC licensed freight forwarder, NVOCC carrier as well as a truck brokerage firm. While the company is headquartered in beautiful Lake Worth, Florida, the leased truck terminals are strategically placed in Norfolk,Virginia and Charleston,South Carolina; each is staffed with a manager and support staff who report daily. Primarily, the main objective is to transport dry and refrigerated cargo between the warehouse and local ports; there is an equal balance of import/ export loads with leading frozen food companies in addition to extensive business dealings in Canada.
Since its inception in 2010, sales have skyrocketed from 0 to $5.2 million in 2016. Moreover, projection for the next four years shows 2020 finishing at $8,400,000 ( est.). On the basis of the $5.2 million, 10% profit was generated. Important to note is extensive,unrealized business opportunity in the currently serviced ports of Norfolk,Charleston and Savannah. In addition, current national accounts are willing to share their outport business ; therefore, growth may be projected in New Jersey, Florida, Texas and the West Coast, thus generating even more revenue. .
Included in the asking price are fifteen(15) trucks and eighteen (18) chassis that are at a depreciated value of $ 750K. Volvo and International heavy duty tractors are also part of the inventory.

Please note. It is very important that buyer has a minimum of 1.7 million liquid cash down, owner will carry a note for the difference.

Property information

Real Estate:

Lease

Location:

Located in beautiful Lake Worth Florida also has terminals in Norfolk VA and Charleston SC.

Premises Details:

1650 sq. ft. leased modern office space

Business Operation

Expansion Potential:

More terminals in various states

Competition / Market:

Some

Reasons for selling:

Owner is ready to retire.

Trading hours:

Trucks are on the road 24 hours a day 7 days week.

Employees:
20
Years established:
2010

Other Information

Support & training:

Owner willing to train for 2 to 3 months.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

With a minimum of 1.7 million cash down- owner will carry a note for the remainder.

Furniture / Fixtures value:
$750,000 - included in the asking price
Relocatable:
This business can be relocated.

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