Relocatable and Duplicable Transportation Company! (17724)
Wholesale/DistributionFor Sale in AR
Financial & Assets Details
About the Business
Situated in Arkansas, listing provides quality transportation and freight logistics to companies in the wholesale and retail distribution industries within the surrounding tri-state region. In operation for 17 years, providing a wide variety of services include refrigeration, dry haul and local delivery of products, from light to full-trailer loads for heavy freight food processing customers and grocery chains. Keeping a 3% growth rate in the past few years, Total Revenues for 2020 reached amounts of $7,888,213 alongside Seller Discretionary Earnings of $1,238,060 and Adjusted EBITDA values of $1,195,537. Thanks to state of the art equipment that features 26 tractors, 166 trailers, and 2 box trucks, and 10 vans, growth potentials exist for a financial buyer wanting to expand during a smooth and flexible transition period. This business model has a great opportunity to be duplicated across different areas of the United States if desired. Fully relocatable and servicing a wide radius of 250 miles from its hub. Real estate is owned by the seller and leased back to the company, available for lease or purchase. It is a centralized facility that features office, warehouse, and shop space; the property is found in excellent condition and capable of handling more capacity if needed for extra work. Assisted by 55 nonunion employees agreeing to stay post-purchase, the experienced personnel includes 25 drivers and managers that ensure minimal owner involvement in their streamlined operations. Benefited by strong reputations and long-standing clients with brand recognition, verbal referral sources and direct communications via industry events or sales channels have proven vastly effective.
Negotiable up to 20% for the right buyer.
Support & Training
Owner Transition: Smooth and Flexible period available.
Reason for Selling:
Approaching retirement and/or pursuing other interests.