MergerPlace

Trucking, Freight Transport

Minnesota


  • Asking Price: $1,925,000
  • Gross Income: $2,139,006
  • Cash Flow: $382,718
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $1,986,500
  • Listing ID: #200053
  • Established: 1997
  • Employees: 12 FT/2 PT

Business Description

Privately owned carrier service established in 1997. The business provides trucking service for Sand and Gravel, Seed and Harvest Grain. The fleet of tractors is made up of Peterbilts and the trailers are end dumps, hopper bottoms and dry vans. The business has licensed drivers with an average tenure of 8 to 10 years. Operating authority in 35 states with main routes in the upper Midwest. The company has a very small amount of brokered freight.


Business Details

Primary Business Category: Transportation and Warehousing
Location: Minnesota

Company Information

Year Established: 1997
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 12 FT/2 PT

Financial Information

Asking Price: $1,925,000
Gross Revenue: $2,139,006
Cash Flow: $382,718
FF&E: $1,986,500
Seller Financing Available: No

Property Information

Growth & expansion opportunities:

Owner is confident that there is capacity to materially increase the business if desired. Estimates that the loads in the spring could double if a new owner wanted to pursue the incremental business.

Competition:

Little to no competition for the clients this business serves creates high annual recurring revenue.

Reason for selling:

Retirement/Pursue other interests.

Support & Training:

Will train for 2 weeks @ no cost. Knowledge of the trucking industry, drivers must be licensed.

Contact Business Seller

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Business Listed By:

Pat Steffl

Murphy Business Brokers