FTL/LTL Trucking Company - '24 Revenue Up 25%+ vs '23
| Asking Price: | $6,500,000 |
| Gross Revenue: | $7,300,000 |
| Cash Flow: | $1,300,000 |
Rolling Stock & Equipment Appraisal Available for Review
This company is a multiple decade old trucking business, operating in Oregon and Washington and focused on hauling FTL/LTL loads for sand & gravel, agricultural, waste & recycling, industrial, timber and landscaping customers. With almost twenty trucks, ranging in age from 2005 to 2024, supporting trailers and equipment, 24 employees this company firing on all cylinders is on track to achieve over $7 million in sales for 2024.
The Company enjoys several competitive advantages, including: (1) exceptional customer service and communication; (2) dedicated dispatch staff; (3) a high-quality fleet and supporting equipment; and (4) the Company’s base of operations, located in good proximity to the I-5 corridor, allows for easy access for jobs ranging from Ashland to Seattle/Tacoma, Spokane to Tillamook.
The company is based out of facilities with over 100,000 square feet yard and sufficient indoor capacity for office, storage, and repairs. Seller owns the property and will consider entering into a lease with the buyer for the use of the land and buildings. Proposed terms of the lease are: five (5) year initial lease term with two (2) five-year renewal options and an initial rental rate of $12,500 per month (NNN), with 3.0% annual rental escalations.
