Established Local Specialized Freight/Trucking Company for Sale!
Searching for a profitable trucking company for sale? Established nearly 50 years ago, the Midwest USA Company is a profitable and stable family-owned and operated specialized bulk trucking business. Ownership is selling in pursuit of retirement and will prioritize acquirers that will maintain the Company’s legacy of honesty, integrity and superior customer service.
The Company is poised for excellent growth and provides the perfect platform for significantly increasing market share and profitability. Sales are up 13.5% year-over-year through June and gross profit is up over 22% due to price increases implemented without resistance from customers. 2014 discretionary earnings will likely be in excess of $1MM. Presently, the Company is at 100% capacity and is having to sub-contract work.
The management team and dedicated staff stand ready to assist a growth-oriented buyer in taking the Company to the next level.
- Sales are up 13.5% year-over-year through June and gross profit is up over 22% due to price increases implemented without resistance from customers!
Financial Summary Through June 2014
Gross Income: $4,733,303 (Seasonal business; winter is slower)
Sellers Discretionary Earnings: $605,830 (effectively pushed through significant price increases)
Equipment Appraisal March 2014: $6,675,600
Real Estate Appraisal March 2014: $1,470,000
Financial Summary 2013
Gross Income: $9,403,026
Sellers Discretionary Earnings: $684,295
Investment Highlights:
- Market leader with an excellent reputation.
- Strong and experienced management team.
- Diversified and long-standing customer relationships.
- Superbly maintained equipment and desirable real estate.
- Well-positioned for accelerated growth.
- Diversified and long-standing customer relationships. Well-poised for accelerated, profitable growth.
Growth Opportunities:
- Establish outbound Sales and Marketing plan –Â Presently, the Company does not have systems in place for developing new business, instead relying exclusively on repeat business and word-of-mouth referrals.
- Implement job and customer profitability measurement to validate pricing –Â The Company has pricing power, as demonstrated in 2014, capable of producing sustainable improvement in earnings.
- Hire additional drivers and purchase additional equipment to respond to increasing demand fueled by overdue new construction and infrastructure projects.
- Review and institute additional business best practices.
Interested parties must sign a non-disclosure agreement and demonstrate proof of financial capability before receiving additional information. Inquire today about this great trucking business for sale!
