SPECIALTY SHIPPING COMPANY
Seller:
Attn:
Peter Rossato
Location:
Southern Connecticut, CT, USA
Listing Number:
"N4-PR"
Overview of the Business:
Don’t miss this opportunity to buy a business with very good net earnings at a very reasonable price. To make sure that bank financing is not an issue, OWNER IS WILLING TO FINANCE UP TO 50% OF THE ACQUISITION PRICE!! At the asking price your investment will yield a return around 30% and will be recovered in less than 4 years.
While the trucking industry is feeling the impact of the recession, sales for this shipping center in 2009 have been unaffected. This business has benefitted from the increased sales of used machinery and commercial equipment. Major movers outsource and refer customers to this company to handle specialized loads and less than full truck shipment. This leaves an opportunity to work a high margin niche of the shipping business. Customers include many commercial accounts, auction houses, major moving companies, and individuals that have shipping needs that other retail centers don’t handle.
The company has been in business for six years. After steadily growing this business, the owner has decided to retire. The current location provides strategic advantage because of its proximity to major cities and highway hubs. In addition the location provides very good lease terms and low overhead costs.
The company has established a steady revenue base which makes it a good turn-key business. The Owner has been working his franchised territory but is not restrained from further growth into the rest of Connecticut. This opportunity provides a good base for growth and expansion.
The owner wants to retire, but is willing to stay through a reasonable transition & training period. Seller financing is available. $160,000 asking price /$270,000 Sales (2008) / $75,000 Seller Discretionary Earnings (2008), all FFE and inventory is included. There aren’t many businesses that will get you this kind of performance!
Property Features and Assets:
2,000 sq. ft. building
Additional Details:
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