International Specialty Carrier Trucking Company
EBITDA: | $2,671,992 |
Established Year: | 1951 |
•Dominating brand for decades back into the 1900’s.
•This unique carrier has high-end specialty bulk hauling trailers and is hazmat certified.
•History of reliable and safe transportation with many safety awards that have resulted in a remarkable reputation in the industry.
•Because of specialty equipment and decades of reliable service, pricing is not like many the commodity pricing of many other trucking companies.
•Has a long-term and highly diversified customer base due to their specialty equipment.
•This is the only trucking company in the area to handle large jobs in construction, mining, oilfield, etc.
•This company is an international carrier serving customers in Canada.
•Immediate growth opportunities where customers are asking for additional synergistic services that could be added.
•Excellent profit margins with EBITDA of $2 million
•11 growth opportunities.
•12 competitive advantages
This Company has a successful and unique financial history to be proud of because it is quite unusual in the trucking industry to be debt free with over $11 million in rolling stock and the truck fleet is more up-to-date compared to many other trucking companies.
Today keeping drivers is a challenge in the trucking industry, but due to the pay scale, family feeling culture where everyone is treated like extended family, employee benefits, and the caring way both employees and customers are treated, they have many long-term drivers and owner/operators.
The owners have been busy keeping up with the long-term customer business and have not been actively pursuing new business. As a result, there are numerous growth opportunities and competitive advantages that make this an exceptional opportunity for a new buyer to further dominate and grow this market specialty carrier niche.
While the goal of this transaction is a staged retirement for the Owners, they do not have to sell and selling depends on them finding the “right buyer” that will continue the congenial and “family feeling” culture that has developed from the top to the bottom of this Company.