Specialized Trucking Operation
Not Disclosed, UT Juab County
Central Utah
Seller's Contact Information
- RE: Specialized Trucking Operation
- Contact: Marvin Slovacek
Quick Facts
| Asking Price: | $6,700,000 | |
| Annual Revenue: | $6,879,080 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $1,924,097 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 5,204,255 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1972 | |
| Employees: | 25 | |
| BBN Listing #: | 79674955 | |
| Broker Reference #: | 7401-17175 |
Business Overview:
Outstanding business acquisition opportunity in the red-hot trucking industry!
This is a very well established, family-owned trucking business serving a variety of clients. The fleet is a combination of refrigerated trailers as well as dry vans allowing them to handle a variety of loads and clientele. Client relationships are very long standing and solid. Many of the relationships have been in place for more than 15 years. Many of the clients would provide as much business as could be handled by the firm; restricted only by equipment limitations.
The business also includes brokerage operations; used primarily to ensure that client’s needs are met; regardless of the current availability of trucks and trailers. This has helped cement solid relationships with the customers and is very profitable in its' own right.
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Property Features and Assets:
The business is operated out of a free standing facility that provides the required office space, space for repairs and servicing of tractors and trailers as well as parking/storage space as needed. This facility is NOT included in this offering, but would be available to purchase. Assets = $5,206,275
Market Competition and Expansion:
The 50 year history of outstanding service to customers has cemented in very strong customer loyalty. There are of course a variety of trucking companies operating in the area; but the unparalleled service has generated customer loyalty which has remained in place for many years. The loyal customer base is eager to continue to provide more business; as the company's capacity to handle it increases. With the acquisition of additional tractors and trailers, business could be grown rapidly. The sellers have worked diligently to find and retain an outstanding fleet of drivers through unique scheduling and route configurations; allowing them to retain a higher percentage of drivers than the industry norm.
Reason for Selling:
To pursue other 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
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