Trucking Company Selling for Less than Asset value+ RE
40 year-old trucking company located in South Metro-Twin Cities. Business is being sold for less than Asset value(FFV) plus Real Estate. Company transports fuel, food, kosher-certified, hazardous and non-hazardous materials and dry goods. Brokerage services also included. Long term employee drivers mostly. GREAT OPPORTUNITY FOR PURCHASE AS AN ADD ON.
The company services many niche industries and has 80-90% as dedicated customers. Also for sale is nearly 3 acres of facility, storage and parking for its operations. Reason for sale is Retirement.
Interested buyers should have approximately $2,000,000 in available capital or internal bank funds for the down payment.
Sunbelt Listing ID: 55428
- Listing ID:
- 55428
- Industry:
- Trucking/Transportation
- Location:
- Minnesota
- Revenue:
- $6,625,296
- Business Price:
- $2,400,000
- Down Payment:
- $2,000,000
- SDE (Cash Flow):
- $107,149
- Real Estate:
- For Sale
- Real Estate Value:
- $1,300,000
- Included in Asking Price:
- No
- Listing Agent:
- Dan Arcand
- FF & E:
- $2,700,000
- Inventory included in asking price:
- Yes
- Inventory Value:
- $25,000
- Years in Business:
- 20+ years
- Employees (Full-Time):
- 32
- Reason for selling:
- Retirement
- Seller Financing Available:
- Yes
- SBA Financing Available:
- No
- Relocatable:
- Yes
- Home-Based:
- No
- Absentee Owner:
- No