Asking Price: $4,770,000
Cash Flow: $500,000
Gross Revenue: $3,600,000
Real Estate: $770,000
Over many decades, the trucking company has grown into a regional hauler serving PA and the surrounding states and a territory covering a radius of approximately 450 miles, including:
-East of the Mississippi
-North of the Carolinas
-West of Central NY and
-South of Toronto, Canada
The great majority of their volume is flatbed work, and the company hauls basically anything a flatbed can carry.
The company specializes in the delivery of lumber of every dimension and has developed a significant customer base of Lumber Distributors based in Canada.
A Top 10 Customer List for the previous 3 Years – 2020, 2021, and 2022 – is available.
The Top 10 Customer List includes the following information by Customer:
1) individual sales volume, 2) percentage of total company sales, 3) tenure as a customer, and 3) a brief customer description including geography.
A recent appraisal established a “Fair Market Value” of approximately $3M for all the company’s Equipment. There are a total of 55 pieces of Equipment, including:
-33 Trailers, and;
-4 Company and Service Vehicles.
A copy of the Equipment Appraisal is available for qualified buyers, and the Equipment is also available for inspection at the appropriate time.
All the Equipment is included in the sale.
Real Estate: Owned and included in asking price
Equipment: Included in asking price
Facilities: The real estate includes 2 separate parcels, which are both included in the sale, and appraised at $770,000.
Competition: The company has built a very successful and profitable niche over many decades.
Seller Financing: None
Support & Training: The owners are available for paid consulting and for a period of employment after the sale.
Reason for Selling: Retirement