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Long Haul trucking Co. w/ great routes, huge growth potential

Wisconsin

Services - Freight Carriers, Moving/Delivery | Services - Other Travel & Transportation

Asking Price $5,010,000 Inventory  
Gross Income $4,738,652 Real Estate $800,000* 
Cash Flow $735,599 Year Established 1993
FF&E $3,173,000* Employees 30

* included in the asking price

** not included in the asking price

Located 25 miles from Milwaukee in southeastern Wisconsin 1/4 of a mile from a state highway feeding to 2 major interstates is the location of this business. This long haul trucking company specializes in refrigerated freight and has dedicated runs to Florida and the southeast as well as Ohio and Midwest. They also have clients shipping heavy machinery and durable goods. They make great money on outbound freight and have enough customers to fill trucks and make money on backhaul. All 20 tractors and 24 trailers are newer, high end, and early in the depreciation cycle. Most tractors still include warranty on motors and driveline. Sale includes upper midwest terminal just off state highway with 2.7 paved acres, 12000 plus square feet of warehouse, docks, shop, and offices. Yard includes outdoor docks, fuel tanks, full power and extra storage building. Extensive and impressive equipment list. Turning down freight everyday and in need of an owner(s) who can infuse capital to buy more equipment and personnel to take on the freight they are turning down. Owner simply can't manage 50 drivers or finance the rest of the equipment needed to satisfy demand from the customer base. THIS SALE IS EXTREMELY CONFIDENTIAL AND WILL REQUIRE EXTENSIVE CHECKS ON BROKER'S PART INTO BUYER'S BACKGROUND AND COMPANY.

Facilities: : 2.7 acres of completely blacktopped yard with one outdoor loading dock. 10,000 square foot main building is made up of 5 offices, 2000 sq ft drive through shop with 18 foot overhead doors and 8000 square feet of warehouse attached to 800 square foot loading area. Two below grade, brand new concrete loading docks with drainage have just been added and are served by overhead doors. The interior of this building is immaculate and has just been updated with new insulation and tin walls along with new roof and landscaping.

Competition: Trucking companies all over the country are going out of business. This one is growing and turning down as much freight as they hall. Great location, routes, and customer base.

Growth/Expansion: The company needs new ownership with an infusion of capital for more equipment and drivers to handle the amount of freight they are being asked to carry. At the prices they are able to charge, it should only get better.

Financing: none

Support/Training: 2 weeks, depending upon buyer's needs

Reason Selling: Getting too big for owner

AD # 382846

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