Business For Sale Listing 158529
Niche Asset-Based Trucking Company
Status as of Jan-7-2009 at 05:59 PM: Active
Business Summary
Founded over 80 years ago, the company is a solid well respected medium sized regional truck load carrier of dry freight. Third generation principals have built a strong niche focused business serving mid-west customers the old-fashioned way, doing one thing and doing it well. The company's business strategy is to provide customers with premium, no excuses service, for a fair price. Through their commitment to performance excellence, the company wins business and the loyalty of long-term customers as evidenced by trailing 12 month revenue growth of 21.5%. The company further prides itself on its excellent and often decades-long reputation with key vendors. This translates into true back-column pricing, generous terms and priority availability of revenue equipment, parts and supplies. The management team includes the principals and long-term key employees in Finance and Operations. Dispatchers, drivers, mechanics, clerical and administrative staff complete the well-trained and dedicated work force. The company operates from its own well-maintained and well-ordered multi-acre terminals with capacity for growth. Each terminal is equipped with a sizeable yard and a full-service shop. Onsite maintenance of tractors and trailers results in extended service lives and fewer breakdowns. Headquarters are located at the company's largest terminal. The company's current facilities can handle substantial growth. Known as a preferred employer, it pays above average rates and has a ready workforce to facilitate its growth. The company offers a unique opportunity to leverage its reputation and capacity to win new customers and to expand territories and service lines over the next few years.
Categories
Industry
Location
Financials
| Sales: |
Between $25 Million And $50 Million ($32,500,000) |
| Profits: |
Between $2.5 Million and $5 Million ($3,499,000) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Asking Price: |
Not Disclosed |
