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Highly Profitable Local Freight Trucking Company

Wayne County, MI
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Cash Flow:$851,256
Rent:$2,938.33/Month
FF&E:$1,740,350
Gross Revenue:$3,840,047
EBITDA:$791,256
Established Year:1997
Listing ID: 1971183Listing provided by BizBuySell
BUSINESS DESCRIPTION

Owner Works Part-Time or Great Add-On to Existing Trucking Business

This company has a 25-year history of growth and profitability; no matter any prospective acquirer’s business background, this success story is one they will admire. Despite the ups and downs of the economy or the common challenges that are routine in the transport industry, this enterprise has continued to grow while building an excellent workforce inside and on the road. Today, 21 full-time drivers are running routes using 28 tractor/trucks and 42 trailers with the opportunity to expand utilization, this company is strategically positioned for a rapid pace of continued growth. Furthermore, and most important, it has the drivers to continue an even greater growth pattern moving forward.

Company has over the years earned the business and respect of firms and industries throughout their service area. Their commitment on-time and quality of delivery has shown their customer how good transportation service can be done.

The following are the services that the Company offers their customers:
• Certified Michigan Motor Carrier
• Radio Dispatched Trucking Services
• 53’ Trailers
• Flatbeds
• LTL Trucking, Light Weight Freight Loads
• Straight Trucks with Life Gates
• Cargo Vans
• 100% Claim-Free Trucking
• Expedited Service, Same Day, Next Day Deliveries with a Sense of Urgency
• Cross Docking and Warehousing Services with Heated Storage for Freezable Products
• All Hazardous Materials (Hazmat) Endorsed Drivers
Benefits using the Company
• Freedom from all co-employer responsibilities
• No obligation to hire driver, purchase or lease any equipment
• Adjustment of trucking fleet size to meet seasonal needs
• All trucks professionally maintained
• Fully Insured Drivers and Vehicles, Including cargo
• Professional truck drivers with excellent driving records.
o D.O.T. Certified
o Current CDL’s meeting government requirements
• An unquestionable commitment to safety
• Security measures to ensure high-valued shipments arrive safe
• Driver or Driver & Truck at competitive hourly rates
• Member of the Michigan Trucking Association

DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,526
Lease Expiration
31/05/2027
Employees
29
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Company operates a terminal, located a Southeastern Michigan. The terminal is currently on a five-year lease, expiring May 31, 2027, with flexible options of renewal. The monthly rental is based upon usage and currently is running about $2,938.33 per month. The terminal is sufficient to meet their current operations and could easily be used if the business were to double their shipment volumes. The property includes (measurements are approximate): 2 acres to park all the tractors, trailers, and straight trucks • 1.200 square feet for two Quonset huts f
Competition
What makes a trucking firm such as this company competitive in trucking is a formula that says, “Do the things you know you can do and do them well”. The company is not going to go cross country to make a delivery, but it is going to perform regional delivers on time and safely. It has done both of these practices thousands of times for hundreds of customers consistently for 25 years. It is the “Go To” trucking firm for safe and reliable deliveries.
Growth & Expansion
All of the equipment is in excellent condition making it possible to increase business by utilizing existing equipment after 6 pm; in short, the trucking operations cease operations about that same time five days a week at about 6 pm. There is an obvious opportunity to increase revenues with an afternoon shift and/or weekend runs that would drive more revenue to the bottom line and significantly increase overall margins for the business in general. The even better news is the demand for more truck runs is there for the taking. This demand might have an
Financing
The owner is open to some seller financing to assist in securing an SBA loan.
Support & Training
The owner is willing to assist the acquirer in learning the business for a reasonable period of time.
Reason for Selling
Owner to pursue other business opportunities
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Curtis
D. Kuttnauer
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Curtis D. Kuttnauer
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