Trucking Company For Sale
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2200000
Net Profit / Cash Flow $300000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1969
Number of Employees 6 - 9
Inventory $600000
Relocatable Yes
Number of Employees 6 - 9
Real Estate Leased
Training Extensive transition period included.
Reason for Sale Retirement. Seller is in his 70's.
Description Financing: 500,000 Down, $250,000 Assumable Equip. + $10,000 / 50 mos. Seller Carry Balance or part thereof.
This business has been a workhorse over the years for my Seller and he has slowly but surely re-invested his profits into the business and grown from a single rig to 8 trucks presently. Steady stable of drivers included, they are on a 25% revenue share of the gross income so they are vested in the success of the overall enterprise and on each and every run. Seller's company operates on a leaseback to a global distribution company with ports in California, Washington, Missouri, Texas, Louisiana, Florida, Maryland, New Jersey, and Georgia, just to name a few. Primarily hauls autos and commercial vehicles. The great part is the larger outfit pays takes care of all the DOT issues, insurance, fuel, etc. The Seller just acts as dispatch and logistics coordinator. Excellent opportunity for existing enterprise to expand revenue base and add top of the line contracts and drivers to their firm. 5 trucks paid for free and clear, 1 truck bought in 2009 is a 2007 and payment is $4,100 per month, other 3 trucks' payment is $3,400 per month. NDA is required for exact business ID and to schedule a conference call to discuss this opportunity with the Seller directly.
Home based business, Seller acts as dispatch, fuel, log coordinator and troubleshooter / fixer of the entire operation.
Growth and Expansion: Add more trucks, there is additional capacity with this arrangement the Seller is in.
Support/Training: Extensive support provided, pride of ownership for 42 years, he's going to make sure you are successful.
Reason Selling: Retirement. Seller is in his 70's.
Email or call Rick Carlson at 800-985-4939 x308 for more information on this trucking company for sale.
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