Business Overview

Established trucking company in Norman, OK.

Must sign an NDA and provide POF before any other detailed information is disseminated along with the company’s location.

This is an exclusive listing by THE BRAVE HEELER ACQUISITION GROUP

Financial

  • Asking Price: $2,000,000
  • Cash Flow: $500,000
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: $100,000
  • Inventory: $100,000
  • Inventory Included: Yes
  • Established: 2018

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:7,000
  • Lot Size:N/A
  • Total Number of Employees:7
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Trucking terminal paying zero lease payment

Is Support & Training Included:

Manager is willing to stay

Purpose For Selling:

Seller wants to concentrate on other businesses

Pros and Cons:

#1 trucking company in Oklahoma

Opportunities and Growth:

Revenues Growing every day

Established Franchise:

This Business Is An Established Franchise

Additional Info

The company was established in 2018, making the business 4 years old.
The transaction will include inventory valued at $100,000, which is included in the requested price.

The company has 7 employees and is situated in a building with approx. square footage of 7,000 sq ft.
The real estate is leased by the business for $0.00

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals decide to sell businesses. Nonetheless, the genuine reason and the one they tell you might be 2 entirely different things. As an example, they might say "I have a lot of other responsibilities" or "I am retiring". For many sellers, these reasons are valid. But also, for some, these may simply be excuses to try to hide the reality of altering demographics, increased competition, current decrease in profits, or a range of various other factors. This is why it is extremely crucial that you not count totally on a seller's word, yet instead, make use of the vendor's response combined with your total due diligence. This will paint an extra practical image of the business's current scenario.

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 businesses take out loans with the purpose of covering items such as stock, payroll, accounts payable, etc. Remember that occasionally this can mean that earnings margins are too thin. Numerous businesses come under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future commitments to think about. There might be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with vendors that need to be satisfied or may result in fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the area bring in brand-new customers? Often times, operating businesses have repeat customers, which form the core of their daily revenues. Certain aspects such as brand-new competition growing up around the location, roadway construction, and also personnel turn over can affect repeat customers as well as negatively affect future revenues. One crucial point to take into consideration is the placement of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the main road? Undoubtedly, the more people that see the business regularly, the higher the possibility to develop a returning client base. A final idea is the general area demographics. Is the business situated in a largely inhabited city, or is it located on the edge of town? How might the neighborhood mean household income effect future earnings potential?