Bulk Wholesaler / Transporter
Location: Oklahoma
Industry: Transportation > Shipping and Transportation
Financials
Gross Revenue: $3,900,000
Cash Flow: $689,000
FF&E: $930,000 (Included in Asking Price)
Business Summary
This quality company sells and transports dry bulk material, and has historically has focused on commercial builders and road contractors. Primed with a growth oriented buyer, this business is ready to expand both geographically and into new industries. The company has been in business for over a decade, but was built on many more years of transportation experience and integrity. The owner is retiring but is willing to work through a negotiable transition period with the new ownership.
About the Business
Facilities: The administrative office occupies 1000 sq. ft. of leased space that can be continued or discontinued at the option of the buyer. Another location, owned by the Seller, is used to maintain and store equipment. A buyer has the option of buying or leasing this facility.
Market Outlook and Competition: This company has doubled its revenue since 2005 without a dedicated marketing person and with little advertising. Much of the business is repeat, and the bulk of their revenue is from a few county area. Expanding the focus statewide would be the next logical step to continue its strong growth. In addition, a new owner may want to consider expanding into providing bulk freight services to the oil & gas industry.
About the Sale
Management Training and Support: The owner is open to working with the buyer post-sale, but the operations manager is well versed in all aspects of the business and intends to remain with the business.
Reason For Selling: Retirement
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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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