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Trucking company with potential

Reed City, MI (Osceola County) (Relocatable)

Trucking company with potential
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Asking Price: $965,000

Cash Flow: $100,000

Gross Revenue: $1,100,000

EBITDA: $100,000

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: N/A

Trucking company with potential

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Business Description

45yr old Trucking company with great clienteles including Menards, building supplier.
Direct contacts to all customers, also has broker license. Has a long list of customers and they are asking to take on more business but seller wants to retire after 45 yrs.
High potential to increase sales with injection of more trucks & drivers.

Most of business is around South MI, OH, IN, IL within 300 mile radius. Trucks make a loop comes back loaded to base camp in Reed city, but location can be relocated.

Assets include 7 trucks, 48 trailers, $565k market value, older but no loans.
Reed city real estate is extra 215k, has 8 acres, has 1300sf office and 3300sf shop bldg.

Tax return is solid and should be possible for SBA financing.

Detailed Information

Location:
Reed City, MI
Real Estate:
Owned
Building SF:
N/A
Financing:
cash out
Support & Training:
full training
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(from currently available funds)
 
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Shawn Baek

Business Listed By:
Shawn Baek

Global One Realty

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