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Colorado Business For Sale |
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| OTR/REGIONAL LTL COMMON & CONTRACT TRUCKING CO. |
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| Attn: Mickie Bernard |
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| not disclosed, CO, USA |
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| Asking Price: |
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Not Available |
| Business for Sale Industry: |
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Services: Travel, Transportation |
| Reason for Selling: |
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Retirement |
| Year Established: |
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1984 |
| # of Employees: |
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11 |
| Yearly Revenues: |
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$1,250,000 |
| Yearly EBITDA: |
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$138,000 |
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Business for Sale Overview:
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The March Group, LLC currently represents a Colorado-based full-service common and contract carrier, providing mostly OTR hauls to U.S. destinations (approximately 60% of revenue) with a minimum of dead head miles. The most frequently served Company routes are from Colorado to California. Regional LTL (focusing on the central Colorado market), military-based hauls and brokered loads account for the remainder of revenue. Posted 2007 revenue of $1.25 million and EBITDA of $138,000. Boasts a close to thirty-year relationship with the Company’s most significant customer. The Company’s fixed asset base includes nine late model Freight Liner tractors and 20 trailer units, to support a trailer-to-power unit ratio of approximately 2.22 to 1, two 8,500 lb. forklifts and one 30,000 lb. forklift. The growth of an existing customer’s business offers an opportunity to capture the additional freight handling needs of the expanded organization. The addition of five new customers in 2007 will allow the Company exposure on new routes, creating opportunities for new geographic markets.
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Property Features and Assets:
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The M-1 industrial-zoned facility, available for lease or purchase, is located very close to a major thoroughfare and consists of a 1,320 square feet office building, 3,624 square feet open shop area that features doors large enough to allow the passage of tractors for service and maintenance, 576 square feet single level storage building, and a 42,800 square feet yard. |
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Market Competition and Expansion:
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According to the US Freight Transportation Forecast to 2017, Trucking will increase its share of the nation’s freight pool, and continue to dominate domestic freight movement into the next decade. The Company is primed for revenue and profit growth through fleet expansion to acquire new clients and new routes. Key to heightened profitability will be identifying additional freight commodities to contribute high margins. The Company has also identified several acquisition candidates that could be excellent synergistic fits. |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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