Coast to Coast Refrigerated Freight Carrier

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Asking Price:
$8,500,000

Gross Revenue:
$15,100,000
Cash Flow:
 Not Disclosed
EBITDA:
$2,400,000
Inventory:
 Not Disclosed

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

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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 grown significantly in the last 2 years and ownership prefers to reduce their exposure and continue to expand the business.

Acquisition highlights:
. Established and respected operation
. 37 OTR Power Units (38 Trailers - 2 53’ Dry Vans, 36 53’ reefers)
. 50 Employees
. Owner is flexible to remain on with new ownership or to transition out of the business.

This will be a great addition to an existing operation or a solid platform to build any transportation business.

About the Business

Location:
Morganton, North Carolina
Year Established:
2000
Number of Employees:
50
Real Estate:
Leased
Building Sq. Ft.:
5,000
Rent:
$15,000.00 Per Month
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About the Sale

Reason For Selling:
Growth, Family
Seller Financing:
Negotiable with a qualified buyer

Listing Info

ID:
1625951
Ad Detail Views:
0

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Business Listed by

Alan Clark

The Hatteras Group

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