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Saturday, February 28, 2015

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Well-Established Trucking/Warehousing/Consolidator

Well established trucking / warehousing co. This company services eastern PA to the Hamptons including the entire state of New Jersey and all of New York City metro north to Albany. They do local trucking/warehousing and consolidating for some retail clients with multiple retail locations. The company has been in business for 40 years servicing the same area.

Facilities: 35,000 sq ft. warehouse and 3 company owned 25 ft box trucks and 5 owner operated trucks.
Square footage: 35000
lease expire: 12/31/2018
option: 5 years lease
terms: lease can be broken anytime
lease security: $15,000
monthly rent: $13,500

Market outlook and competition: while there are many trucking companies in the area, this company has never lost a client to any of them.
Potential growth: unlimited seller will completely train
owner qualifications: buyer should have trucking experience.
Reason for selling: retirement


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