Trucking-expedited and dedicated freight

Relocatable, MI

S/E Michigan Home Based

Asking Price: Annual Revenue:
$450,000 $950,209

Services: Transportation - Trucking, Rail, Transit

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RE: Trucking-expedited and dedicated freight Broker: Capital Business Brokerage

Quick Facts

Asking Price: $450,000
Annual Revenue: $950,209
Net Profit: Not Disclosed
Cash Flow: $202,244
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2010
Employees: 7
BBN Listing #: 38922679
Broker Reference #: B2502

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Business Overview:

This is a 24/7, just-in-time expedited delivery, dedicated freight and open board trucking business. The company has Tier 1 status with the automotive industry which represents a considerable amount of sales. While the primary area served is the mid-western United States, they offer nationwide hauling as well. They have a 98% on time delivery rating for shippers and receivers. The business was started in 2010 by the current owners, a husband and wife team and has been home based for the entire period. All drivers are paid as independent contractors who use their own truck and trailers and are paid by the delivery. Seller has an older, 1998 Volvo tractor and three trailers (2011, 2012 and 20115 Wabash) that are rarely used but are included in the sale. 2018 Seller’s discretionary cash-flow (SDC) was just over $200,000. While the accounts receivable may take 60-90 days to be paid, Seller chooses to factor its receivables at a 1-2% discount and be paid immediately. Sales and cash-flows have been consistent over the years. Seller will train and will not compete anywhere in the United States.

* Cash subject to SBA or other financing.
(SBA financing will require 20% down)

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Reason for Selling:

Moving out of state.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

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