Refrigerated & Dry Freight Trucking Company

Not Disclosed, IL
Cook County

Greater Chicago Area


Asking Price: Annual Revenue:
Not Disclosed $15,137,001

Services: Transportation - Trucking, Rail, Transit


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RE: Refrigerated & Dry Freight Trucking Company Broker: Matt Brunstrum

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $15,137,001
Net Profit: Not Disclosed
Cash Flow: $4,591,101
Total Debt: Not Disclosed
FF&E: $8,810,000
Real Estate: Not Disclosed
Year Established: 2002
Employees: 62
BBN Listing #: 515657220
Broker Reference #: 3N1140

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Business Overview:

The company was founded in the early 2000s in Illinois by its current ownership. Today, they are a full-service trucking company that operates nationwide in all 48 continental states with 60% refrigerated freight and 40% dry freight for 2021. The company has been expanding their focus on refrigerated freight and equipment and 2022 will see a significantly higher sales skew towards this. They primarily work with large national freight brokerage firms to receive their shipments and operate with extremely low customer concentration, with no customer representing more than 8% of annual revenue.

The company currently owns 34 trucks and 42 trailers (24 refrigerated &18 dry) with an additional 11 trucks and 7 refrigerated trailers ordered and scheduled for delivery in Q2 2022. They also offer great owner operator opportunities for drivers with 14 current owner operators bringing the current fleet count to 48 trucks currently and 59 trucks by end of Q2 2022. They are equipped with an experienced staff, 35 current company drivers, and a team of dispatchers to run day to day operations and they offer 24/7 services with excellent customer service. The company presents many strong opportunities for continued growth with new ownership.

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Reason for Selling:

Retirement

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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