MergerPlace

Trucking Company Southern Minnesota

Minnesota


  • Asking Price: $3,350,000
  • Gross Income: $4,224,641
  • Cash Flow: $1,016,497
  • Real Estate: $35,000
  • Inventory: Not Disclosed
  • FF&E: $2,246,000
  • Listing ID: #199702
  • Established: 2001
  • Employees: 18 FT

Business Description

Established in 2001, this company hauls short, medium and long routes throughout the Unites States and into Canada. Included in the sale are 15 tractors and 19 trailers. In addition there are tools, equipment and staff needed to run a truck repair shop. The company hauls grains, both food grade and for feed. Various licenses are needed to operate the trucking and shop businesses. Knowledge of the trucking industry and general business knowledge will be key to successfully running the business. Sale includes two locations, one with a shop and office, the other with ample parking for trucks. Room to park approximately 42 trucks between the two. There are few large competitors offering the same services in this company's main area of operations. However, the trucking industry is very competitive. Currently, sales are generated mostly from repeat customers but also from referrals from customers. This company is poised to have good expansion in the future being fully staffed with mostly newer trucks and trailers. Expanding marketing or adding a sales rep could bring in more customers. Currently there is very limited marketing being done. Owner wants to downgrade responsibilities and is interested in other opportunities.


Business Details

Primary Business Category: Transportation and Warehousing
Location: Minnesota

Company Information

Year Established: 2001
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 18 FT

Financial Information

Asking Price: $3,350,000
Gross Revenue: $4,224,641
Cash Flow: $1,016,497
FF&E: $2,246,000
Real Estate: $35,000
Seller Financing Available: No

Property Information

Facilities:

Sale includes two locations, one with a shop and office, the other with ample parking for trucks. Approximately 2,500 sq ft of buildings and room to park approximately 42 trucks.

Growth & expansion opportunities:

This company is poised to have good expansion in the future being fully staffed with mostly newer trucks and trailers. Expanding marketing or adding a sales rep could bring in more customers. Currently there is very limited marketing being done.

Competition:

There are few large competitors offering the same services in this company's main area of operations. However, the trucking industry is very competitive.

Reason for selling:

Owner wants to downgrade responsibilities and is interested in other opportunities.

Support & Training:

Will train for 4 weeks @ no cost. The company hauls grains, both food grade and for feed. In addition there is a full service truck shop. Various licenses are needed to operate the trucking and shop businesses. Knowledge of the trucking industry and general business knowledge will be key to successfully running the business.

Contact Business Seller

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Business Listed By:

Jacob Petersen

Murphy Business Brokers