Freight Transportation Services - Commercial & Residential

TX

Freight Transportation Services - Commercial & Residential

Asking Price:N/A

Cash Flow:$501,000

Gross Revenue:$4,500,000

EBITDA:$401,000

FF&E:$125,000

Inventory:N/A

Established:N/A

Freight Transportation Services - Commercial & Residential

Get Financing Save Print Share Valuation Report

Business Description

The Company provides transportation services primarily to freight forwarders. The Company offers “Last Mile” pickup and delivery services for the local residential and commercial market in central Texas. It operates as a commercial carrier for a variety of products. Also, the Company operates as a residential carrier for home electronics and appliances. As part of the Company’s services, it maintains operations in two Central Texas Cities to create a 200+ mile service area.

The Company’s primary customers are freight forwarders and exclusive use vehicle shipments (5%), with the remainder of revenue (5%) generated through a diverse collection of customer accounts. The Company attends multiple networking trade events, customer national meetings, relies on word of mouth and referral to drive demand.

Detailed Information

Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Company operates from two warehouses in Texas..
Competition:
Superior Name and Reputation: The Company's name has been built over the last 30+ years and is well-known within the Company’s industry. Low Employee Turnover: The Company has minimal employee turnover, with the average employment length of 10 years for current staff. Documented Systems and Procedures: The Company’s maintenance, dispatching, and management procedures offer excellent increases to overall efficiency, while offering easily replicated results. Strong Client Relationships: The Company maintains strong client relationships, with the largest client having been with the Company for 10 years.
Growth & Expansion:
Easy-To-Replicate, Standardized Growth Formula: Growth for the Company lies within the acquisition of reliable drivers. The facilities and business structure are set to expand with the expansion of the driver base. Rising Gross Profit Trend: The Company’s gross profit margins have improved from 36.7% in 2012 to 42.0% in 2014. Strong Net Working Capital: The Company maintains a strong net working capital of $605,000 in 2014, providing accessible capital for additional investments. US GDP Growth Expected to Improve in 2015: Economists’ consensus estimate of GDP growth in 2015 is pegged at 2.9%. An improved economic environment would boost consumer confidence and spending which is the primary indicator of demand for the Company’s products.
Financing:
limited seller financing negotiable contingent on overall offer terms
Support & Training:
Management is willing to stay with the Company during a transition period in order to ensure a seamless transfer of ownership, and potentially longer given an agreeable employment arrangement.
Reason for Selling:
Exit planning and wealth diversification

Listing Statistics for Premium Members

Ad#:1203124 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Celeste Garner

Business Listed By:
Celeste Garner

Generational Equity, LLC

Show Phone Number

View My Listings


Sponsoring Broker:
Lisa Lippe

Find out more...

Get more details about this business.


Similar Listings


PostNet

Franchise Opportunity
Capital Required: $167,767