Listing Number: 2201-141880
Description
Absentee and home based rarely available trucking trailer business in Miami area. Company currently owns and rents (42) 53 ft dry or refrigerated trailers to owner operators or companies for use on minimum 6-month term. Company has zero ongoing expenses as all expenses of maintenance are on renters once rented and trailers are rented with minimum 1 month deposit which is used if necessary to do any repairs when returned. Current owner has remote secretary that handles all the rental incoming calls and issues and billing who would stay at $2k a month pay, making business absentee. A huge plus in this opportunity is that it includes a shop at owners’ yard for mechanical work which is very highly sought and very profitable as the yard has over 50 trucks and trailers that need constant repairs including the rented fleet that parks there 2 mechanics in place and covered shop to do work with lots of potential to grow. Seller will rent back shop space for $2,500 to buyer to continue to run mechanical repairs. Current annualized income from trailer rental alone is $450,000 a year with minimal expenses plus the shop generates another $200k plus net a year with opportunity for more. On track to net over $600k in 2023 with $1,200,000 in assets
Listing Details
- Price: $1,395,000
- Down Payment: $995,000
- Sellers Discretionary Earnings: $446,966
- Total Sales: $792,064
- Location: Miami-Dade County, Florida
- Inventory: $0
- FF&E: $1,200,000
- Employees: 1
- Year Established: 2018
- Reason for Selling: other business interests
- Category: Rental Business
