Established Freight Shipping & Trucking in North Jersey

Featured on BusinessForSale.com . 3 viewed

Asking Price

$2,750,000

FOR SALE - ACTIVE

Detailed Information

Location

New Jersey, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

The company is a licensed freight shipping and trucking business based in Morris County, New Jersey. Specializing in transporting general freight and refrigerated food cargo across the Northern U.S., their operations expanded significantly in recent years. The owner shifted from driving to managing the business, increasing fleet size, adding dispatchers, and offering local day trips and long-haul services. This expansion led to a 40% increase in gross and net profits, with a profitable parking complex that accommodates 44 trucks and trailers, complete with a warehouse and mechanic’s shop. In addition to freight hauling services, the business now operates a sought-after parking complex in North Jersey. The complex provides rental space for trucks and trailers, addressing the high demand for parking space in the area, resulting in a backlog of interested tenants. With strong revenue growth driven by the owner's strategic changes, the business's services have become increasingly in-demand among clients requiring reliable logistics solutions. Established as a reputable freight shipping and trucking venture,

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