Business Overview

Well established trucking company with excellent contracts in place. Very stable revenues the past 3 years, with lots of upside to grow. $1.6 million worth of trucks included in the purchase price.
Buyer must sign NDA and provide financials in order to review details.

Financial

  • Asking Price: $3,000,000
  • Cash Flow: $594,000
  • Gross Revenue: $3,300,000
  • EBITDA: $594,000
  • FF&E: $1,600,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2010

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Building is leased and lease can be assumed or new location can be made at owners discretion.

Is Support & Training Included:

owner will train

Purpose For Selling:

change of business

Pros and Cons:

Trucking is competitive but business is well established and has been stable for several years

Opportunities and Growth:

Logistics is one of the strongest and fastest growing segments in the economy since the Covid pandemic. String future is likely.

Additional Info

The venture was started in 2010, making the business 12 years old.

Why is the Current Owner Selling The Business?

There are all sorts of reasons people choose to sell operating businesses. Nonetheless, the real factor vs the one they tell you may be 2 entirely different things. As an example, they may say "I have way too many other commitments" or "I am retiring". For lots of sellers, these factors stand. But, for some, these may simply be excuses to try to conceal the reality of transforming demographics, increased competitors, recent reduction in revenues, or a variety of other reasons. This is why it is very important that you not depend absolutely on a vendor's word, however rather, utilize the vendor's answer in conjunction with your overall due diligence. This will repaint an extra sensible image of the business's present situation.

Existing Debts and Future Obligations

If the current business is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your deal. Many businesses finance loans so as to cover items such as inventory, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can imply that profit margins are too thin. Numerous organisations fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future commitments to take into consideration. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with vendors that need to be met or may cause charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the area attract brand-new consumers? Most times, operating businesses have repeat consumers, which develop the core of their everyday profits. Specific elements such as new competitors growing up around the area, roadway building and construction, as well as employee turn over can impact repeat consumers and negatively affect future profits. One essential point to take into consideration is the location of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Undoubtedly, the more individuals that see the business on a regular basis, the better the opportunity to develop a returning consumer base. A last thought is the general location demographics. Is the business placed in a largely inhabited city, or is it situated on the edge of town? Just how might the local mean household income impact future income potential?