Trucking Company Selling for Less than Asset Value + RE
Minnesota | Listing ID: 55428 | Transportation and Storage
Business Asking Price:
$2,200,000
Real Estate Asking Price:
$1,350,000
Revenue:
$6,625,296
Down Payment:
$2,000,000
SDE:
$107,149
Industry:
Transportation and Storage, Real Estate
Listing ID:
55428
Year Established:
1978
Employees:
30 Full-time, 2 Part-time, 5 Contractors
Business Description
40-year-old trucking company located in South Metro-Twin Cities. Business is being sold for less than Asset value (FFV) plus Real Estate. The company transports fuel, food, kosher-certified, hazardous and non-hazardous materials, and dry goods. Brokerage services are 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% dedicated customers. Also for sale is nearly 3 acres of facility, storage and parking for its operations. Reason for sale is Retirement.
Possible Seller Financing.
Interested buyers should have approximately $2,000,000 in available capital or internal bank funds for the down payment.
Listing ID: 55428
Detailed Information
Listing Agent:
Dan Arcand
Location:
Minnesota
Industries:
Transportation and Storage, Real Estate
Business Asking Price:
$2,200,000
Real Estate Asking Price:
$1,350,000
FF&E Value:
$2,700,000(Included in Asking Price)
Reason for Selling:
Retirement
Seller Financing Available:
Yes
Real Estate Status:
Owned
Real Estate for Sale:
Yes
Inventory Value:
$25,000(Included in Asking Price)
Year Established:
1978
Franchise:
No
Employees:
30 Full-time, 2 Part-time, 5 Contractors
Relocatable:
Yes
Home-Based:
No
Absentee Owner:
No
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