Established Freight Shipping & Trucking in North Jersey
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Asking Price
$2,750,000
Detailed Information
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,