Streamlined FTL Trucking Company

Not Disclosed, AR

Asking Price: Annual Revenue:
$9,975,000 $7,184,590

Services: Transportation - Trucking, Rail, Transit

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RE: Streamlined FTL Trucking Company Broker: Sarah Goodman/Jack Johnsen
Owner Financing is Available!

Quick Facts

Asking Price: $9,975,000
Annual Revenue: $7,184,590
Net Profit: Not Disclosed
Cash Flow: $2,423,825
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 787457487
Broker Reference #: Not Disclosed

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Business Overview:

PROJECT LOGISTICS (the "Company") is a truckload trucking and distribution company, that provides freight solutions in the Central US, with strong earnings, immaculate financial records, and a sterling reputation for customer satisfaction and on-time delivery rates.

Low working capital requirements with invoice factoring, fully automated processes. P&Ls are closed weekly.

Outstanding Track Record:
- Over 99% on-time delivery
- Strong reputation with freight brokers & direct customers.
- High volume of repeat business.

Highly Capable Tenured Team:
- Established, experienced, and loyal driver base.
- VP is a former chairman of a trucking industry association.
- Owner is a former $500M organization CFO

Strong Financial Profile:
- Invoice factoring below 1%
- 2021 earnings are 34% of revenue

Streamlined Processes:
- Most back-office processes are fully automated.
- Low collections/accounts receivable activity.

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Property Features and Assets:

Leasing a 700 square foot, open office floor plan, with room for 2-3 additional employees. Trucks are parked in approved third-party locations or near driver homes; no truck yard to maintain or manage. Lease expires 2/23/2023.

Reason for Selling:

Pursue other business interests.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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