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Freight Brokerage, Logistics, Trucking Business

Public
  • Listing# : 10089
  • Listed Price : $1,892,000
  • Total Sales : $3,836,125
  • SIC :
  • Down Payment : $1,419,000
  • Status : Closed
  • Discretionary Earnings : $748,353

Business Type :

Transportation / Truck (Hauling) Broker, Transportation / Delivery of Trucks, Transportation / Equip Delivery, Transportation / Construction Hauling

Business Description :

Midwest based heavy haul trucking company. Irregular route carrier with a customer base in the U.S. and Canada. Well established, with owner operators owning their own equipment, along with a well-established in house brokerage firm. This business transports a wide variety of freight including construction, farm and fabrication components. The company is very well established in the industry with a reputation for knowledge and dependability. Their rates are some of the highest in the industry and they pride themselves on the AAA credit rating they have established and maintained. This trucking business is located in the Midwest, but only because the owners live there. The business could be run from any location. The owners have four owner operators that they keep busy first, but even the owner operators are not located where the business is run from. They have many outside carriers that they have used over the years, who are available at any given time. They specialize in over-size and over-weight freight. They have about 135 regular customers that call them first, with 15 of these as their main customers and that they do a lot of loads for. They have a very good reputation with their customers, so in any given year they will haul many loads for any one of these customers. New customers come via word of mouth, as they don't do any regular advertising. Their office is as busy as they can be most days and they do have to turn away business. This would be a logical addition to a trucking business already specializing in over-size or over-weight freight. There would probably be many synergies within your current office and this block of business could be acquired without adding a lot of employees. Owners will stay for six months to train and share their knowledge and help with the transition.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $0
    • Incl :
    • Liabilities $0
    • Incl :
    • FF&E $12,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $12,000
    • Incl : Yes

Lender Prequalified: No

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Transportation