What is the current yearly net for this business?
Currently this business nets an estimated $65,000 per year. Income documentation will be provided to all serious buyers.
How do I get paid?
As a contract agreement holder with the logistics company you are paid a net income for the use of your truck after expenses have been subtracted. Pay is deposited on a monthly schedule between the 15th and the 20th for the previous month’s production service.
Can I finance the route?
Need money? You can review additional Financing Options Here. There is no seller financing for this route, and unfortunately banks will NOT write business loans against route based businesses for several reasons.
What are my expenses and overhead?
Expenses are covered by the production of your truck’s gross delivery earnings before you are sent the net income. The logistics company handles all expenses including, but not limited to: fuel, driver, background screenings and drug testing, and insurance.
What type of insurance do I need?
The logistics company pays for the insurance on the truck out of gross earnings before you are sent the net income.
What type of vehicle/equipment do I need?
The current owner operates this business with the following vehicle that is included in the purchase: 2015 Freightliner Cascadia Sleeper Semi-Truck. Estimated value is $65,000. If you are considering purchasing, leasing or financing a vehicle you can review additional information here.
How does the selling price of the route get determined?
The selling price was determined using a multiple of the yearly cash flow/net income. Businesses that are turnkey sell for a higher multiple.
Why is the distributor selling?
Seller is concentrating on other business opportunities.
How long has the business been established?
The seller has owned the business for 3 years.
Is this a viable business model for growth?
Yes! More trucks can be added to the contract and dispatched.
What do you recommend when purchasing a business?
When purchasing this type of business we recommend forming some type of entity such as an LLC or Corporation to do business under. This not only offers protection for your personal assets, but also ensures protection of your business. If you need help forming this, we recommend that you Form A Corporation Here.
What else should I know?
The logistics company has enjoyed a successful working relationship with contract agreement owners. The demand for product deliveries throughout the United States has steadily increased year after year. This is an excellent opportunity for a turn-key business and a passive income! Established business priced at $260,000. Contact Us About This Route Here!