Absentee Owned Trucking Biz 2.4M EBITDA 87 Trucks

Not Disclosed, IL
Cook County


Asking Price: Annual Revenue:
$13,558,207 $17,455,062

Services: Transportation - Trucking, Rail, Transit


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RE: Absentee Owned Trucking Biz 2.4M EBITDA 87 Trucks Broker: Bill Roland
Owner Financing is Available!
$3,000,000.00

Quick Facts

Asking Price: $13,558,207
Annual Revenue: $17,455,062
Net Profit: Not Disclosed
Cash Flow: $2,427,350
Total Debt: Not Disclosed
FF&E: $6,622,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 130
BBN Listing #: 555163460
Broker Reference #: 1110202-677381

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Business Overview:

Absentee Owned Trucking Biz 2.4M EBITDA 87 Trucks 103 Trailers

Excellent opportunity to purchase an established and reputable trucking company!

Since 2015, the gross income has consistently grown due to the excellent processes in place.

The owner and executive team have been cultivating the business since 2008 ... fine-tuning the company to include loyal and dedicated employees and independent contractors that have been on board for years! The Company has made a name for itself for on-time and safe and sound deliveries experienced drivers with full background checks, excellent safety records, and no litigation. The average experience for a Class A CDL driver is 7 years.

The Company has owner ops and company drivers total of 98 trucks and 108 trailers (42 dry vans and 66 reefers). They have secured 70 brand new dry vans for 2022 and 2023 delivery and 60 brand new reefers for 2023.

Growth opportunities are widely available.

The Company utilizes a factoring company that charges a 0.8% percent for making funds available within 24 hours. The Company also utilizes full management software that helps keep everything digital and on track, Omnitracks electronic logbooks, Satellite tracking, and dash cameras.

The owner and executive team will train for a smooth transition. Employees and independent contractors wish to remain with the company.

The benefits of purchasing this established Company include predictable key drivers of client retention, open contracts, large potential for business expansion, strong established key relationships, loyal and productive workforce, highly rated for satisfaction, no past or present lawsuits, no tax complications, and professional software and technologies for efficient business operations.

2017 Yearly Gross: $2 527 767
2018 Yearly Gross: $6 879 602 2019
Yearly Gross: $9 048 457 2020
Yearly Gross: $12 959 435 2021
Yearly Gross: $17 455 062

Additional information on this business is available to buyers willing to sign a Non-Disclosure Agreement with the listing broker.

For more information, contact the listing agent Billy Roland
with Transworld Business Advisors or our office and ask about the listing number677381. Please use reply to this ad button to contact us.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

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.

Relevant Links:

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