Asking Price: $1,600,000 Gross Revenue: $1,827,117Cash Flow: $493,926 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $645,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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
Clermont County, Ohio
Number of Employees:
Owners work from their homes. Easily relocatable as tractors and trailers are parked at customers locations.
Highly Profitable Trucking Business with Transferable, Long-standing C
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.