Premium Service Transportation Company
| Asking Price: | Not Disclosed | Inventory: | |
| Gross Revenue: | $4,500,000 | Real Estate: | $400,000 ** |
| Cash Flow: | $540,000 (comments below) | FF&E: | $1,000,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Cash Flow Comments: Sellers | |||
The company is a 12 year old trucking company with annual revenue of nearly $5 million, primarily serving Illinois, Indiana, Michigan, Ohio and Wisconsin. The company specializes in critical, expedited and Same Day LTL shipments, and provides service to any point in the lower 48 states, Ontario and Quebec, Canada, with the average round trip length of haul at 400 miles. The company has a strong customer base that does not include the cyclical auto industry, and opportunity exists for increased revenues by providing additional brokerage services to current customers, who have expressed an interest in using such services. The company has a strong management team in place that handles the daily operations as well as an excellent group of drivers that are thoroughly screened. The current fleet includes 17 tractors, 5 straight trucks and 34 dry trailers, the majority of which are 53 foot units. A unique opportunity to acquire a proven company with a solid service history and reputation with a quality group of employees. Sellers will consider all proposals for merger or acquisition.
About the Business
Year Established:1996
Employees:35 full time - 8 part time
Relocatable:Yes
Facilities:The company is located in a municipal industrial park and operates from a 10,000 SF leased facility (owned by a related party) at a rate of $5,900/mo on a triple net basis. The facility is fully fenced with asphalt paved parkng for tractors and trailers and is configured with 3,000 SF of office and 7,000 SF warehouse. The property is available for purchase or continued lease.
Market Outlook and Competition:The market remains strong with opportunities for growth with existing as well as new customers. An established and diverse customer base removes dependency on any one account or industry.
About the Sale
Reason For Selling:The owners want to slow down in this operation in order to pursue other opportunities.
Seller Financing:The company is being offered as an "all cash" sale.
KEYWORDS: trucking, transportation, shipping, expeditor, haulers
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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