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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Iowa Businesses For Sale Categories   >>   

Trucking Company For Sale

Location  Iowa,United States
Asking Price Range  $5.0M - $10.0M
Gross Revenues  $15000000
Net Profit / Cash Flow  $1900000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1995
Number of Employees  50 - 99
Relocatable  No
Number of Employees  50 - 99
Real Estate  Owned
Reason for Sale  Shareholders want to cash in on built-up value.
Description  The company is based in the Midwest, owns approximately 80 tractors and 260 trailers, and is a general commodity motor carrier principally transporting aluminum, steel, machinery, lighting products, and other general commodities, with a niche specialty transporting over length aluminum destined for the commercial aircraft industry both in the US and the UK. All members of the current management team would like to remain with the company. The selling shareholders, who are full time and active in the daily operations, would also be willing to remain and operate the company after a sale. Purchase Price: $5-6M plus $1.9M in debt assumption. Fair market value of assets to be acquired = $7.96M. Liabilities to be assumed as part of the purchase = $1.9M.
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