Established in 1993, this profitable Southeast Michigan trucking company has operated continuously for 33 years under the same ownership, specializing in flatbed transport of coil, plate, and structural steel for regional manufacturers, fabricators, and distributors.
The single most compelling feature of this opportunity is its management structure: neither owner drives. The fleet is operated by employed drivers, while ownership handles customer relationships, pricing, and dispatch oversight, and an in-house bookkeeper manages the books, invoicing, and office administration. This is a managed carrier — not an owner-operator job — and a buyer does not need a CDL to step in at the management level. That structure is uncommon among trucking businesses of this size and materially simplifies the post-closing transition.
The Company generates average annual revenue of approximately $920,700 with seller's discretionary earnings averaging $234,650 over the most recent two fiscal years — an SDE margin of roughly 25%. Operations run on an exceptionally lean overhead base: the business leases a small office at a truck stop for just $500 per month, or well under 1% of annual revenue. No real estate is owned or required.
The fleet consists of two sliding-tarp straight trucks. Sliding-tarp equipment allows weather-protected loading and unloading of steel without the labor, time, and injury exposure of conventional strap-and-tarp flatbed work — a commercial advantage in the steel-hauling niche and frequently a requirement of steel shippers and service centers. Both units are fully depreciated for tax purposes; book value does not reflect fair market value.
Notably, the $500 monthly rent already includes five truck parking spots, of which only two are in use. A buyer can add up to three additional trucks — a 150% increase in fleet size — with no increase in facility cost whatsoever. That embedded, pre-paid capacity is the most direct growth lever in the business.