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- RE: Growing Freight Company
- Contact: Brad Carpenter
Quick Facts
Asking Price: | $2,450,000 | |
Annual Revenue: | $5,700,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $744,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $1,100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2020 | |
Employees: | 16 | |
BBN Listing #: | 848345422 | |
Broker Reference #: | 409-02285 |
Business Overview:
Established Trucking Company currently operating out of Orlando with dedicated contracts servicing the Ports of Savannah, Miami, Jacksonville and Tampa. The Company also utilizes load boards to diversify its operation and to support its back loads to Ports. Has 16 drivers, 2 dispatchers, finance manager and safety consultant on staff. Also, an additional 7 owner-operators further supporting freight requirements.
Due to increased Port work the Company has recently expanded its own fleet to 16 semi-tractors and 31 primarily leased trailers to offset the previous shared revenue requirements of a larger owner-operator fleet it utilized last year. Drivers for Port work have TWIC clearance.
Operation can be relocated in FL, GA and SC with $3.5K per month deducted for assumed lease costs in financial presentation. Excellent opportunity for operator looking to expand or for experienced Broker seeking to own their own profitable fleet. MC and DOT designated numbers included. This business is very scalable supporting growing SE regional needs and Port connections.
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Property Features and Assets:
There are 16 Company owned tractors and 3-53 foot trailers along with 24 dry van and 12 Chassis leased trailers that are leased to owner-operators who are actively engaged. A small office and yard could be located in FL, GA or SC to support current freight needs of business. A monthly lease allocation of $3,500 is expensed for relocation of business.
Market Competition and Expansion:
Freight needs throughout the SE remain strong with continued growth of regional Ports expected to enhance revenue prospects for the Company. Continued increase in freight needs recently led owners to purchase additional semi-tractors this year and profitability/revenue growth prospects. Additional tractor purchases and/or increased engagement of owner-operators could further enhance growth of this business.
Reason for Selling:
Pursue other interest and activities.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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