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Fast-Growing Absentee-Ready Freight Hauling Company

MO

Seller Financing Available
Fast-Growing Absentee-Ready Freight Hauling Company
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Asking Price: $2,500,000

Cash Flow: $930,000

Gross Revenue: $7,000,000

EBITDA: $930,000

FF&E: $3,000,000

Inventory: $150,000*

Rent: $700 /Month

Established: N/A

*not included in asking price.

Fast-Growing Absentee-Ready Freight Hauling Company

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Business Description

Brand NEW fleet of 18 trucks!! Much unrealized upside.

A very successful trucking company based in Western Missouri that is poised for continued growth. Ready for absentee-ownership, if desired.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is a successful local trucking company based in Western Missouri that has seen steady annual growth. It is positioned well for another big leap with the recent addition of Walmart to their client list. The company currently owns 25 trucks including 18 brand new ones and works with 9 more owner operators. All trailers are leased. Buyer will assume office lease of $700/month, trailer leases, and debt payments on existing trucks OR add that amount to the purchase price. The business runs a very lean operation with only 7 employees (3 shop, 4 office). Though the owner currently chooses to spend time in the business, it is set to operate effectively with an absentee owner in place. It uses a current EDI system and acquires most of the loads directly without freight brokers.
Financing:
500,000
Support & Training:
Negotiable 3-4 weeks transitional support from owner. Owner will willingly help the new owner transition and grow.
Reason for Selling:
Retirement.
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Jared Thompson

Business Listed By:
Jared Thompson

DJT Business Brokers

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