Midwest Flatbed Trucking Company (Strong EBITDA Growth)
Business Description
The Company was founded in 2017 and specializes in 100% flatbed and conestoga freight transportation. They service the midwest, northeast, and southeast with direct to customer point to point transportation.
Unlike many regional carriers that rely on load boards, The Company operates with a strong direct customer base with roughly 80% of loads coming directly from their customers.
They operate with a new and well-maintained fleet of 21 tractors (18 owned, 3 leased) and 31 trailers, supported by 22 drivers and 3 office staff.
The fleet is equipped with Samsara ELD and telematics systems.
The Company primarily hauls decking, lumber, shingles, granite, and other construction related materials.
Financials:
2023 Revenue: $8.7M
2023 EBITDA: $1.14M
2024 Revenue: $10.3M
2024 EBITDA: $1.7M
TTM Revenue(Oct-Sept): $10.6M
TTM EBITDA(Oct-Sept): $1.83M
They operate out of a 5,000 sqft yard and repair shop they rent on a month to month basis. This has been their location for 4 years.
3 office employees (the Seller included)
17 total drivers
5 owner operators under their authority
For more information please fill out the form for an NDA to get access to the Confidential Information Memorandum (CIM)
Unlike many regional carriers that rely on load boards, The Company operates with a strong direct customer base with roughly 80% of loads coming directly from their customers.
They operate with a new and well-maintained fleet of 21 tractors (18 owned, 3 leased) and 31 trailers, supported by 22 drivers and 3 office staff.
The fleet is equipped with Samsara ELD and telematics systems.
The Company primarily hauls decking, lumber, shingles, granite, and other construction related materials.
Financials:
2023 Revenue: $8.7M
2023 EBITDA: $1.14M
2024 Revenue: $10.3M
2024 EBITDA: $1.7M
TTM Revenue(Oct-Sept): $10.6M
TTM EBITDA(Oct-Sept): $1.83M
They operate out of a 5,000 sqft yard and repair shop they rent on a month to month basis. This has been their location for 4 years.
3 office employees (the Seller included)
17 total drivers
5 owner operators under their authority
For more information please fill out the form for an NDA to get access to the Confidential Information Memorandum (CIM)
About the Business
- Years in Operation
- 8
- Facilities & Assets
- 21 tractors
31 flatbed/conestoga trailers
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- The Seller is is more than willing to help with a transition of 90 days after the sale.
Listing Info
- ID
- 2434689
- Listing Views
- 109
Listing ID: 2434689 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 of Use. Learn how to avoid scams.
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