Highly Profitable Trucking Business with Transferable, Long-standing C

Contact Seller
Asking Price:
$1,600,000

Gross Revenue:
$1,827,117
Cash Flow:
$493,926
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$645,000
included in asking price

Real Estate:
 Not Disclosed

Share this business:

Business Description

This business was begun in 1998 by the current owners and is operated out of their home offices. The business has grown to include eight tractors, 22 trailers and eight drivers. The key employees include the two owners. The owners' primary responsibilities are to maintain the customer relationships, dispatch the drivers and manage the business. The revenue comes from key accounts with long term and transferable relationships. The customer’s shipping lanes are from Ohio to surrouding states: Indiana, Michigan, West Virginia and Kentucky. The owners work to find freight to bring them back to their customers shipping locations by using different brokers. The owners have not done any sales in the recent past. A new owner could build customer relationships near their current customer deliveries in order to secure consistent backhauls. There is great upside for a new owner who is willing to invest in the business. Customers constantly request the business handle more of their freight. The seller has declined to this point, since he is not interested in acquiring more vehicles or hiring more drivers.

Customers have offered additional freight opportunities, but seller has declined because they did not want to worry about hiring new drivers and purchasing new equipment. Additionally, a new owner could actively solicit new business from customers where the business already has deliveries.

Owners understand the importance of a seamless transition with the customers and drivers. They will work with a buyer to develop a transition and training plan that will be suitable to everyone's needs.

About the Business

Location:
Clermont County, Ohio
Year Established:
1998
Number of Employees:
8
Relocatable:
Yes
Home Based:
Yes
Facilities:
Owners work from their homes. Easily relocatable as tractors and trailers are parked at customers locations.
Contact the Seller

About the Sale

Reason For Selling:
Owners would like to retire.

Listing Info

ID:
1608297
Ad Detail Views:
0

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by

Kate Vriner

Sunbelt Business Advisors of Miami Valle

 Show Phone Number

View My 10 Active Listings
Sponsoring Broker:

Gerry Chadwick, CBI
Sunbelt Business Advisors of Miami Valle

U.S. Census Data for Clermont County, OH
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 Clermont County, OH
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.


Similar Listings


Report an Issue 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. See our full Terms & Conditions.