Transport Business For Sale

Business For Sale BS148218, Sydney, New South Wales 2000

Business Category Transport

$580,000

Description

Transport Business For Sale

Business ID: BS148218

Sale price $580,000 includes Trucks and equipment valued by owner in excess of $500,000

The business presently run three trucks delivering stock to businesses mainly in the Sydney Metro area. They do not do line haul and the trucks are generally returned to the depot each evening. The business also services Newcastle, Central Coast, Wollongong and some regional centres.

Any line haul runs interstate are outsourced.

The business operates from a facility in South West Sydney where it also has pallet storage for their customers.

Most of their freight is for automotive specialised tooling and promotional products for a number of car companies. In addition to automotive clients they also have some large clients in the packaging and building product industries.

- Long established 20 years +
- Sale price backed by equipment value
- Opportunities for growth
- Virtually no marketing at present
- 5 days a week business
- Trucks returned to depot each day
- Recurring storage revenue virtually covers rent
- Reasonable rent $6000pm inc GST and outgoings

The owner is willing to offer the purchaser adequate training as required to help learn the day to day running of the business.

Subsequently, the owner may also be available on a consultancy basis if required particularly to assist with the technical aspects of the business as well as aspects relating to growing the business further.

At present the business is covering the owners wages. The business was significantly impacted by COVID and the asking price which is barely more than the asset value reflects the latest financial years performance.

There are many areas of improvement for the business in order to increase return on investment. At present there is very little marketing and promotion. The business needs more customers to remain viable so this should be an area of immediate attention for a new owner of the business.

Asking price $580,000 includes all the assets of the business including all trucks, utes, trailers, Hiabs, racking etc valued in excess of $500K.
Contact Seller
Xcllusive Business Sales

Bsale ID: 577582
Broker REF: 6965064

Xcllusive Business Sales Pty Ltd
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