Number 1 Business Broker offers for your consideration a prominent trucking
operation headquartered in New Jersey with 6 additional branches throughout the
United States. ZERO DEBT!

This business has a massive presence in the New Jersey / New York markets and is
strongly positioned to be a major leader in the Northeast region.

ASKING PRICE EXPECTED TO INCLUDE AROUND $2.2 MILLION IN A/R (THIS NUMBER
FLUCTUATES CONSTANTLY BUT $2.2 MILLION IS THE CURRENT A/R ESTIMATE). SALE MAY
ALSO INCLUDE AROUND $500k – $700K CASH IN THE BANK AS WELL AS AROUND $2 MILLION
ESTIMATED FIXED ASSET VALUE.

This is an incredible business sale opportunity in a Drayage and asset-light
trucking company,
specializing in FTL (Full Truck Load). Moving cargo between the eastern seaport
and gulf coast ports to U.S consignees all over.

Since the start of our company in 2013 centered in New Jersey, they have
expanded to six additional branches throughout the United States.

Through controlled and carefully, managed growth they increased revenue from
$4,000,000 to $32,000,000 within an eight-year span. Since a peak in COVID the
trucking industry has faced major challenges across the board. Revenue for this
company has dropped since COVID and the owners are ready to hand the business
over to a new (ideally larger) trucking operator who can grow this business back
up to where it was.

DUE TO THE COOL DOWN IN THE TRUCKING INDUSTRY AS A WHOLE, 2024 REVENUE/PROFITS
FOR THIS COMPANY WILL LIKELY RESULT IN A BREAK EVEN YEAR. 2025 IS FORECASTED TO
BE BACK ON TRACK WHERE THEY WERE PREVIOUSLY (ESTIMATED $26 – $33 MILLION REVENUE
/ $3 – $4 MILLION NET PROFITS).

THIS CURRENT ASKING PRICE IS BASED ON CURRENT REVENUE/CASH FLOW AS IS BEING
SHOWN IN THE DATA ROOM. IF NUMBERS COME UP SUBSTANTIALLY BEFORE A DEAL IS DONE
THEN THE SELLER WILL LIKELY NEED TO INCREASE PRICE. BUT FOR A BUYER WHO CAN ACT
QUICKLY THIS IS CURRENTLY AN INCREDIBLY LOW ASK PRICE CONSIDERING EVERYTHING
COMING WITH THE DEAL.

They are asking a very fair/below market price considering all of the assets,
A/R and more that will be coming with the business. In exchange for this reduced
ask price they are seeking a buyer who is immediately liquid and can do a clean,
swift deal and does not need financing (they will not accept offer contingent on
any sort of financing).

Their operating model is currently an owner operator model. Owner operators
perform the majority of their moves. By having the proper company facilities and
equipment, they can combine their company drivers and owner operators to create
a much higher throughput than competitors.

This company utilizes unique, proprietary pricing metrics allowing for fluid,
rapid adjusting to the market rate changes allowing this business to combine
market conditions and road complexity into profitable, consistent customer
revenue.

Business expected to come with aprox. $2.5 – $3 million in assets including a
full mix of both tractor-trailers and facilities, fully set up to serve clients
while not being affected by the equipment shortage at the ports.

Having a well-seasoned and dedicated team, this business not only can provide
superior and
competitive service to their current markets but they are also poised for
immense National growth under new ownership.

This company specializes in Freight Trucking, Local,
General Freight Trucking, Local,
Transportation Infrastructure Services,
General Freight Trucking, Long-
Distance, Truckload + 1 more

Seller would like to sell to a larger trucking operation and is open to rolling
over up to 25% equity in the new business in exchange for helping new owner
expand.

William McGrath 475-241-7893