Niche Trucking Co. Serving Western US

Orange County, CA

Seller Financing Available
Niche Trucking Co. Serving Western US

Asking Price:$1,800,000

Cash Flow:$450,000

Gross Revenue:$2,700,000

EBITDA:$200,000

FF&E:$1,250,000

Inventory:N/A

Established:1983

Niche Trucking Co. Serving Western US

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Business Description

This well established Trucking Company operating in a Niche industry has been serving the Western US for over three decades and is now available for sale. The annual Revenues range from $2.65 to $2.75 MM annually. The SDE or adjusted profit to an owner operator ranges from $300-400k annually. The price includes the Fair Market Value of Trucks and equipment worth $1,250,000. The land and building are available at FMV appraised six months ago at $1,900,000. The owner retiring but will stay on for as long as is reasonable to train a new buyer (30-90 days with diminishing time each month). The seller will also be available for consultation thereafter by phone for the balance of the year. The preferred suitor should be another trucking company looking to expand or someone with trucking experience. The business can be expanded with more trucks as the owner is currently turning away new business.

Detailed Information

Employees:
13
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The land and building is owned by the seller and can be purchased from him. Alternately he will execute a lease on fair market value terms that is mutually agreeable to the buyer and seller.
Competition:
The market is competitive but stable
Growth & Expansion:
Growth can be accomplished simply by adding more trucks. Currently, the owner is turning away business.
Financing:
Yes $300,000
Support & Training:
The Seller will provide full training for up to 90 days on a declining daily time commitment and will provide consulting by phone for another 9 months.
Reason for Selling:
Retirement

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Lance Schmidt

Business Listed By:
Lance Schmidt

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