Commercial Truck Financing Business with Secured Interest in New Jersey
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Financial Details
- Asking Price:
- $4,800,000
- Annual Revenue:
- $1,135,009
- Cash Flow / SDE:
- $750,000
- Valuation Multiple:
- 6.4x
- Location:
- Monmouth County, NJ, US
- Sources:
- Date:
- July 11, 2025
Key Highlights
- Established commercial truck financing business in New Jersey.
- Secured interest model with a substantial loan portfolio and low default rates.
- Growth opportunity through expanded marketing and diversification; owner will provide training.
Description
This is an established commercial truck financing business in New Jersey with a secured interest model. It has a substantial loan portfolio and a history of low default rates. The business presents a growth opportunity through expanded marketing and diversification into other equipment financing sectors. The owner is retiring and will provide training.
Industry Information
- Industry Description:
- Financing
- Classification:
- Financial Services
Listing Details
- Listing ID:
- e4603637-ee5d-4437-8af0-a802746d38c6
- Deal Status:
- For Sale
- Date Posted:
- July 11, 2025
- Last Updated:
- July 11, 2025
- Currency:
- USD
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