Listing ID: 76707
For sale is one of Colorado’s leading transportation companies. For 18+ years, this locally owned company has offered a wide range of commercial transportation services. The company has two divisions which provide commercial transportation to nationally known companies and logistic services such as warehousing, strategic stocking, home delivery services, etc.
The company has clean books, well maintained assets, a sterling reputation for service quality, competitive pricing structure, a solid growth trajectory, trained supervisors and staff, long-term clients and well positioned for additional growth.
Full prospectus available with signed non-disclosure agreement (NDA).
- Asking Price: $4,750,000
- Cash Flow: N/A
- Gross Revenue: $2,630,000
- EBITDA: $872,000
- FF&E: $6,300
- Inventory: $1,000
- Inventory Included: Yes
- Established: 2003
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:8,100
- Lot Size:N/A
- Total Number of Employees:8
- Furniture, Fixtures and Equipment:N/A
8,100 sf of leased office/warehouse space.
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.
Other last-mile carriers. However, with its two divisions and existing client relationships, the company has multiple strategic and sustainable competitive advantages.
The company has been growing each year. However, there are plenty of additional growth opportunities including increasing marketing and sales efforts (mostly word of mouth at this point) for existing services and expand line-haul side of the business.
The business was started in 2003, making the business 19 years old.
The deal shall include inventory valued at $1,000, which is included in the suggested price.
The company has 8 FT and 3 PT employees and is situated in a building with disclosed square footage of 8,100 sq ft.
The property is leased by the company for $0.00
Why is the Current Owner Selling The Business?
There are all sorts of reasons why people choose to sell businesses. Nevertheless, the genuine reason and the one they say to you may be 2 completely different things. As an example, they might say "I have a lot of various commitments" or "I am retiring". For lots of sellers, these reasons are valid. However, for some, these may simply be reasons to try to conceal the reality of changing demographics, increased competition, recent reduction in incomes, or a range of other reasons. This is why it is very crucial that you not rely entirely on a vendor's word, yet rather, utilize the vendor's solution combined with your general due diligence. This will paint a much more reasonable image of the business's present circumstance.
Existing Debts and Future Obligations
If the existing company is in debt, which numerous businesses are, then you will need to consider this when valuating/preparing your deal. Many companies borrow money so as to cover points such as supplies, payroll, accounts payable, and so on. Bear in mind that in some cases this can mean that profit margins are too thin. Numerous companies fall into a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with vendors that must be satisfied or may lead to charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the area draw in brand-new customers? Most times, businesses have repeat consumers, which form the core of their everyday profits. Certain aspects such as brand-new competitors sprouting up around the area, road building, and also personnel turn over can influence repeat clients and also adversely influence future revenues. One crucial thing to take into consideration is the location of the business. Is it in a very trafficked shopping mall, or is it hidden from the main road? Obviously, the more individuals that see the business regularly, the better the chance to build a returning client base. A final idea is the basic location demographics. Is the business located in a largely inhabited city, or is it situated on the outskirts of town? Exactly how might the neighborhood typical family earnings effect future revenue prospects?