Profitable, 6-Figure Transportation Business For Sale

Poweshiek County, IA

Profitable, 6-Figure Transportation Business For Sale
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Asking Price: $459,000

Cash Flow: $174,000

Gross Revenue: $1,170,000

EBITDA: N/A

FF&E: $270,500

Inventory: N/A

Established: N/A

Profitable, 6-Figure Transportation Business For Sale

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Business Description

This is an established trucking/transport business which is doing well but the owner was wanting to retire and consequently had decided to sell his Transportation Business, but then he unexpectedly passed away and now the business needs to sell soon.
There are 4 trucks and 4 refer trailers as well as some miscellaneous tools which come with the business.
The business is still being run efficiently by others, but they wish to pursue other interests and so the business must be sold.
The business got its start in 1989 and over the last thirty years the company has grown and done quite well, giving this company a large footprint stretching over many surrounding states and also some distant states.
6 years ago the decision was made to use one local broker for most of the loads which helped simplify things and add to a good and consistent profit margin.
Facilities currently utilized are a shop and small office space, although this Real Estate is not for sale.
This company has seen a number of operators come and go, but they’ve maintained their market share by being reliable and competitively priced.
There is a substantial market locally as well as other places for backhauls that don't require too much work in searching for business (loads to haul.)
The fastest way to add growth to your company is to acquire other like companies (of this nature if you are into transport) so here is your chance to acquire a reasonably priced business and have instant market share beyond what you previously held.
Adding trucks and drivers is a great source of organic growth.
The current owner has not solicited business much over the years, but you could get as large as you wish in this business if you pursue it.
The local market is plenty large enough to handle many more trucks and drivers which is the likely scenario for a strategic growth plan.
Don't miss this opportunity to buy a great, reasonably priced business!

Joel Royer - Hawkeye Business Alliance

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Detailed Information

Location:
Poweshiek County, IA
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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Joel Royer

Business Listed By:
Joel Royer

Certified Envoyz Business Broker

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Sponsoring Broker:
ENVOYZ Business

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