Seller's Contact Information
- RE: In Demand Trucking Company
- Contact: Michael Morrissey
Quick Facts
Asking Price: | $1,500,000 | |
Annual Revenue: | $2,022,720 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $193,912 | |
Total Debt: | Not Disclosed | |
FF&E: | $1,053,500 | |
Real Estate: | Not Disclosed | |
Year Established: | 2002 | |
Employees: | 10 | |
BBN Listing #: | 170852348 | |
Broker Reference #: | 59071-733250 |
Business Overview:
This well-established profitable trucking company services most of Oregon and Washington hauling rebar and tension wire across its chosen territory. With a fleet of 9 Trucks and 18 trailers based out of Portland, the business runs day trips across the region as far as Spokane or Klamath falls and routinely to Seattle and Central Willamette Valley. The Businesses team of 9 CDL drivers, most with the company for many years, enjoy being home on a every night and have few to no overnight jobs. The company rents a large yard in Portland to park its fleet in the nighttime hours. Started by its Owner and his son, the business has enjoyed steady leadership over the course of its 20-year history. The Owners Son, who does not wish to run the company, will stay on with the Business indefinitely to help the new owner in the day to day work as a manager. The Business is operating at maximum capacity and has more than enough work to sustain its revenue and future growth. The Business owns all of its 18 trailers and 5 of its 9 trucks (the other 4 are leased) which are included in the listing price.
The Seller started the business in 2002 to help the manufacturing company he was working for to run deliveries. This gradually grew into a very successful small trucking company that is the go-to provider of regional hauling services for rebar and tension wire manufacturers in Oregon and Washington.
There is one other company regionally that is doing similar work to this business.
The Business has the demand to support more drivers and trucks. Someone who can understand the logistics of managing a larger fleet could easily grow the business rather quickly since the Businesses customers are ready and eager to give the business many more jobs.
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Reason for Selling:
Retiring
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
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