Trucking Business in Louisville with NNN income

Business Opportunity for Sale
Catylist Listing ID: 30791023
Property Subtypes: Transportation
Building Size (RSF): 6,700 SF
Sale Price: $600,000 - 1,770,000
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Relocatable Business: Yes
Sale Terms: Cash to Seller, Seller finance with 40% down.
Last Updated: 11/17/2022

Overview / Comments

Well established Trucking company sitting on 1.4+ acres with 6 + trucks/trailers. Would be willing to sell trucks apart from the real estate. MC and DOT also available for purchase. Currently $3000/mo NNN rental income on property . Business income is not factored into asking price. Contact agent for more info.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Industry Segment: Shipping and Transportation
Reason for Selling: Retirement
Value of Inventory Included ($): $600,000
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $850,000
Real Estate Lease Description: Approx 3000sf of bay is on a 3 yr NNN lease with the only responsibility of the owner is to send in the tax payment. The tenant occupies one of the two drive thru bays.Owner kept one drive thru and office for there own use. There is a smaller office space for the leased bay and a potential to lease of additional space.
Employee/Labor Description: Drivers will stay
Growth/Expansion Opportunities: Owner has been winding down business to retire. He was doing 10X the current business pre Covid.
Seller Financing Description: 40% down, 5.5% interest, 10 year term.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,031 83,954 211,820
Median Age: 38.87 36.83 36.29
Households: 2,871 33,685 86,839
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