The Company was founded in 2017 and specializes in 100% flatbed and conestoga freight transportation. They service the midwest, northeast, and southeast with direct to customer point to point transportation.
Unlike many regional carriers that rely on load boards, The Company operates with a strong direct customer base with roughly 80% of loads coming directly from their customers.
They operate with a new and well-maintained fleet of 21 tractors (18 owned, 3 leased) and 31 trailers, supported by 22 drivers and 3 office staff.
The fleet is equipped with Samsara ELD and telematics systems.
The Company primarily hauls decking, lumber, shingles, granite, and other construction related materials.
Financials:
2023 Revenue: $8.7M
2023 EBITDA: $1.14M
2024 Revenue: $10.3M
2024 EBITDA: $1.7M
TTM Revenue(Oct-Sept): $10.6M
TTM EBITDA(Oct-Sept): $1.83M
They operate out of a 5,000 sqft yard and repair shop they rent on a month to month basis. This has been their location for 4 years.
3 office employees (the Seller included)
17 total drivers
5 owner operators under their authority
For more information please fill out the form for an NDA to get access to the Confidential Information Memorandum (CIM)
Ad#:2434689