Services - Storage & Warehousing | Services - Freight Carriers, Moving/Delivery

Asking Price	Not Disclosed	Inventory	$494,641*
Gross Income	$5,355,530	Real Estate
Cash Flow	$1,372,247	Year Established	1967
FF&E	$5,230,610*	Employees	27

* included in the asking price

** not included in the asking price

The Company is engaged in the leasing, sale and service of refrigerated trailers in the general mid-Atlantic region. The Company is the largest privately owned refrigerated trailer sales, leasing and repair company in its region. The Company s key product is the refrigerated trailer, an over-the-road trailer designed to maintain a temperature of between -20 and +90 . Trailers range from 26 to 53 in length, from 12 to 13 -6 in height and from 96 to 102 wide. The fleet includes storage and over-the-road trailers, either multi-temp or cycle sentry refrigerated units, as well as trailers with electric, diesel, or diesel-electric units. Finally, the Company s fleet consists of a wide variety of trailer manufacturers, models and years in order to serve the widest variety of customer needs. All of the Company s trailers are well maintained and meet the strict U. S. federal safety inspection requirements on brakes, tires, lighting, suspension, undercarriage, and fuel systems. The Company has averaged slightly over $6 million in sales over the last three full years (2006-2008) and about $5.8 million over the last 2 full years (2007-2008). Gross Margin over those same time periods has averaged about $2.4 and $2.2 million respectively and adjusted EBITDA over those time periods has averaged about $1.5-1.7 million. 2008 and year-to-date 2009 performance levels were below those averages. The Company believes this is reflective of overall economic conditions and in no way reflective of the Company s capability or market position. Conversely the Company continues to believe that historic performance levels will be restored when overall economic conditions improve. In the interim, the Company believes it is well positioned to capitalize on any difficulties encountered by less efficient or capable competitors.

Facilities: 2 locations. Headquarters includes a 22,000 square foot facility on 6 acres off a major highway. The second location is also located near a major highway on 3 acres of land

Competition: The company believes it has a dominant position in the mid Atlantic States.

Growth/Expansion: The company is uniquely positioned in a great geographic region with a brand developed over 40 years.

Support/Training: The owner's will assist in an orderly transition and may stay on at buyer's discretion.

Reason Selling: retirement