Midwest Specialty Distribution / Trucking

Not Disclosed, SD

Asking Price: Annual Revenue:
$3,700,000 $4,881,209

Services: Transportation - Trucking, Rail, Transit

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RE: Midwest Specialty Distribution / Trucking Broker: Josh Grode

Quick Facts

Asking Price: $3,700,000
Annual Revenue: $4,881,209
Net Profit: Not Disclosed
Cash Flow: $1,193,166
Total Debt: Not Disclosed
FF&E: $3,250,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: 18
BBN Listing #: 44194955
Broker Reference #: 5401-15081

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Business Overview:

While the business’ roots are much earlier, the Common Carrier aspect of the business got its start in 1998. Over the last twenty years the company has grown from 4 trucks to 16 giving this company a large footprint stretching over seven states (although 90% of business happens within about 400 miles of the company’s home base). The business has shown steady growth with an influx of new business in the last few years. This has directly impacted the bottom line while improving margins.

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Property Features and Assets:

Facilities currently utilized are a shop and small office space. The Real Estate is available and consists of .65 acres with a 10,000 square foot steel building constructed in the 1980's with major renovations and upgrades (including adding six feet to the height to accommodate 14’ doors) in 2012. Assets=$3,250,000

Market Competition and Expansion:

This company has seen many other operators come and go, but they’ve maintained their market share by being reliable. They aren’t the least expensive but are competitively priced. They have access to a substantial local market that doesn’t require them to search for business outside of their home area. One manner of growth would be to add to the territory covered. There is plenty of business in the local market area. As has been done over the years, adding trucks is the best source of organic growth. The current owner has not solicited business much over the years. Geographic growth is the most likely scenario for a strategic growth plan. The addition of a satellite location near the limits of the current territory would allow a new owner to tap into under-served markets.

Reason for Selling:

Owner is ready to retire.

Additional Details:

  • The property is owned.
  • The owner is not 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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