Coast to Coast Refrigerated Freight Carrier Project QUICKTURN

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West Coast Routes, Team Drivers
Asking Price:
$7,000,000

Gross Revenue:
$11,300,000
Cash Flow:
$2,230,000
EBITDA:
$2,230,000
Inventory:
 Not Disclosed

FF&E:
$5,200,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

The Hatteras Group is pleased to represent this asset based, long haul carrier with a fleet of refrigerated vans primarily serving the food / grocery wholesalers. Primary lanes are Carolinas to/fr West Coast and Carolinas to/fr Northeast. Company also provides regional services in the Southeast and Midwest.

The company has been established for decades and ownership is ready to exit and explore other opportunities.

Acquisition highlights:

Growing 20%+ YOY

Established and respected operation
38 Power Units
56 Trailers
Approx 50 Employees
Owner will stay on for a reasonable transition period to assist buyer.

2017 Revenues: $ 9.36 Million
2017 EBITDA: $ 1.93 Million
2018 Proj. Revenue: $11.3 Million
Fixed Assets: Approx $5.2 Million
Asking Price: $7 Million

About the Business

Number of Employees:
50
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About the Sale

Seller Financing:
possible

Listing Info

ID:
1525320
Ad Detail Views:
174

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$
months
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Business Listed by

Francis Randoph

The Hatteras Group

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Sponsoring Broker:

Alan Clark
The Hatteras Group

U.S. Census Data for Burke County, NC
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Burke County, NC
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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