Commercial Trucking Company

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Business Description

Empire Business Associates, a Northeast Ohio merger and acquisition firm, represents a commercial trucking company that is available for acquisition.

The company is a commercial delivery service that was started in 2007 and specializes in both long and short haul flatbed truck freight service. Most loads are dedicated shipments for a customer, not shared loads or LTL. Flatbed shipping is a unique service that is not common and demands a premium.

Loads can range in size from a few hundred pounds to over 50,000 pounds on a semi-flatbed. Their primary customers have been in the steel industry, hauling steel products and finished goods. They are known for showing up on time and offering fair prices. Most deliveries are within a day’s drive, but they will deliver anywhere east of the Mississippi River.

Through the years they have developed a loyal customer base and have not had to advertise to maintain a steady flow of profitable business coming in. Their honest pricing and the care taken to be sure deliveries are on time and in good order has resulted in an excellent reputation. They often turn business away due to capacity limits.

There are 5 office workers, 9 full time drivers, one warehouse person and 10 independent drivers used daily. Most employees have been with the company for several years.

All trucks are equipped with GPS tracking systems and electronic log verification to meet DOT driver time rules. They can tell customers exactly where a truck is
and when it will arrive.

PRICE They will listen to a reasonable offer.

About the Business

Location:
Cleveland, Ohio
Year Established:
2007
Number of Employees:
24
Relocatable:
Yes
Facilities:
They are leasing two units, which is used for warehousing goods for its customers.The facility has 23,000 sf.; 16,000 sf of warehouse and 1,500 sf. of office. They are currently renting and the lease expires 7/31/2020.
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About the Sale

Reason For Selling:
The owners have other business interests.

Listing Info

ID:
1601417
Ad Detail Views:
0
Asking Price:
 Not Disclosed

Gross Revenue:
$3,111,187
Cash Flow:
$237,778
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Listed by

Michael Benson

Empire Business Associates

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