Established Trucking Company

Not Disclosed, KY


Asking Price: Annual Revenue:
$1,300,000 $2,349,581

Services: Transportation - Trucking, Rail, Transit


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RE: Established Trucking Company Broker: Phil Eleson

Quick Facts

Asking Price: $1,300,000
Annual Revenue: $2,349,581
Net Profit: Not Disclosed
Cash Flow: $359,026
Total Debt: Not Disclosed
FF&E: $600,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 15
BBN Listing #: 14554955
Broker Reference #: 1902-15669

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Business Overview:

This is a tremendous opportunity to acquire a trucking company that has consistently produced exceptional cash flow. They are strategically located near a large base of manufacturers that procure raw materials from multiple outlets in the region. The fleet of Tractor Trailers dispatch daily to various regional customers and run multiple loads per day. Because the drivers are home daily and have a level of consistency in their routes, this is a very appealing place to work. Opportunities for additional revenue growth are abundant in the area. This business is a turn key cash producer with a solid reputation and loyal customers.

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Property Features and Assets:

The company operates out of a 4,000 square foot facility on 2.3 Acres. The building includes offices and a shop for working on trucks. The lot is large enough that it allows for the trucking assets to be parked at the facility. They are strategically located in an area of Northern Kentucky with a thriving industrial economy. The closest metropolitan cities are Cincinnati, OH and Louisville, KY. Assets= $600,000

Market Competition and Expansion:

This business falls under the category of local trucking. This segment of the trucking industry measured at $52 billion in revenue in 2019 per IBISWorld. Short term projected growth exceeds 2% annually. There is still significant upside potential for this business. One large manufacturer who is a recipient of many of their customer's materials is undergoing a major expansion and has announced additional regional investment. Additional businesses are also in the area who provide growth opportunities. Many inquiries for new business have been turned away, but a new owner could add owner operators or equipment to capitalize on the potential new work.

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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