Owner Financing is Available!
Business Overview:
Empire Business Associates, a Northeast Ohio merger and acquisition firm, represents the owner of a family- owned, regional Refrigerated Trucking company that is available for acquisition. Founded in 1973 and incorporated in 1981, this Company enjoys an excellent reputation with its Frozen Food Industry shippers for providing consistent, dependable Refrigerated Delivery service at competitive pricing with an outstanding safety and performance record. Operating in the constant and stable demand environment of the food industry, this Regional Carrier represents an exceptional opportunity. In business development terms, the primary marketing of the company has been developed organically, primarily through relationship-building, consistency of operations performance and brokerage services, customer referrals and testimonials, competitive pricing, service integrity and the use of a promotional Sales brochure. The owner believes that an increased marketing effort including development of a website platform could substantially increase market awareness leading to an increase in sales and profits as well as act as a focal point for additional on-line customer service support and a reporting platform.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The facility has modern offices and a full service repair shop with 3 bays and an overhead crane. There is also a 12,000 gallon above ground fueling station to fuel the tractors. The business is a “self-standing, turn-key” operation with assets in a building, infrastructure, vehicles, experienced and dependable personnel and a solid reputation. The business includes the following assets:
Terminal Building on 5 acres; Office- 1,500 square feet; Bay Garage including overhead crane; inventory/ Parts Shop; Terminal Complex/ Yard; 12,000 gallon above ground fueling station; 38 Trailers; 20 Cabs.
Market Competition and Expansion:
The Company has been in business for 30 years and enjoys an excellent reputation within the industry. The Company has an established niche with its Refrigerated transportation services acting as a “carrier of choice” for several key frozen food manufacturers and packagers. Its customers are in a growth mode and are seeking their suppliers to continue growing with them. The Company has an established business model with considerable goodwill through sustained performance/ reputation and a ready customer base with a high percentage of repeat sales from existing customers. The company provides Refrigerated transportation carrier services through several segments to maximize capacity as its primary revenue focus.
Additional related services are offered in repair and refurbish, inventory/ parts and fueling services which, with additional focus, could serve to significantly expand revenue opportunities. The company’s marketing efforts have been limited with reliance upon repeat customers and referral and a primary, promotional brochure outlining the company’s service offerings. The development of a web site and Internet presence along with a renewed sales and marketing effort could further result in substantial, increased sales and profits for the new owner.
Reason for Selling:
Retiring.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.