Description
OFF-MARKET ‘Q3 2022
Mid-Atlantic Dry Bulk Trucking Powerhouse!
Mid Atlantic Region
Seller Financing: Available if the price and deal structure is right
Asking Price: Best Possible Offer
Cash Flow: 2021: $1,445,000 | 2022 Forecast: $2.5-3.0 MM
Gross Revenue: 2021: $8,321,000 | 2022 Forecast: $12,000,000+
EBITDA:
FF&E: $5.5-6MM (Trucks/Trailers)
Inventory: TBD
Established: 1960’s
Employees: 60
Business Description
This Mid-Atlantic Bulk Freight Trucking Company has been family-owned since the 1960’s and is truly a one-of-a-kind opportunity: with a well-managed, technologically-enabled fleet and strategic relationships with a great client base (that includes some of the largest building materials companies in the world), this company is poised to continue to deliver profits for Its new owners like It delivers bulk cargo for Its customers….on-time!
As a result of a well-executed M&A transaction in 2021, the Company was able to strategically add to Its fleet and Customer count and is on-track to deliver record EBITDA numbers for 2022 …this is truly a rare opportunity to make a profitable, decades old family business the center-piece of your logistics acquisition strategy!
Business location and name will be shared once a qualified Buyer prospect is vetted. NDA required {SUBMIT BELOW} to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities:
15,000 sq. ft. shop and office building with a large truck/trailer yard is owned by the family and will be available for lease by the new owner.
Competition:
It is intense and plentiful!
Growth & Expansion:
To expand, grow and nurture the Business to even greater profitability, the Seller believes that with the goodwill of the business a new owner will receive, investment in an enhanced marketing program outside of the website and existing word-of-mouth/cold outreach strategies currently employed could take the business to the next level.
Financing:
TBD if structure and terms are acceptable.
Support & Training:
As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.
Reason for Selling:
Other business interests