Asking Price: Not Disclosed Gross Revenue: $9,800,797Cash Flow: $722,095 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $2,273,390 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.
Owner Retiring/Seller Financing & Priced to Sell
Trucking company specializing in the transportation of petroleum and chemical materials with multiple locations, registered in all 50 states, high earnings and huge potential for growth!!
Let this company “drive” you into a future of high earnings! The possibilities for growth are endless with this business, with a niche market that boasts some very loyal clientele.
Inquire today to learn more and “drive” down the road of continued success!
About the Business
Number of Employees:
50 Full Time
The building and equipment are in good condition. Business does not include real estate.
The trucking industry is in much better standing moving now compared to its standing in 2013. Some key trends that began in 2014, like better truckload pricing power for carriers, improved contract rates and a continued increase in tonnage, have carried into 2015 and are expected to continue into 2016. With the power of setting price in the hands of carriers, predictions of 4-9 percent increase are on the table by the end of 2016.
The trucking industry generally moves in line with the overall economy and is a good measure of economic health. As the economy improves and demand for freight traffic increases, industry revenue and profit are expected to rise.
Growth & Expansion:
The US Freight Transportation Forecast that was compiled by the American Trucking Association (ATA) predicted major growth in the Trucking Industry by 2022. The forecast suggested that overall revenue for the industry will rise nearly 66 percent and tonnage will increase 24 percent by 2022. This forecast can be used as a guideline for supply chains to develop logistics strategies for the future.
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.