Specialized Freight Companies: 27-year History Disadvantaged Business
Asking Price: | $7,500,000 |
Gross Revenue: | $14,000,000 |
FF&E: | $3,350,000 |
Cash Flow: | $1,500,000 |
Inventory: | $100,000 |
Established Year: | 1996 |
RVA Business Brokers are delighted to bring this incredible opportunity to purchase two highly reputable specialized freight companies for one price.
Established in 1996, the Companies are part of Virginia's $1.2 billion specialized freight industry with a focus on hauling asphalt, liquid asphalt, sand, and gravel for departments of transportation projects. The companies have a diverse business plan which includes an over the road division hauling agriculture and feed products, recycled steel, stone, and sand. They are building a snow removal and deicing division, which will service businesses, HOAs, and residents, in addition to government agencies.
One multi-million-dollar business is woman-owned and a Disadvantaged Business Enterprise (DBE), which is key to their success. The Sellers recommend having a majority owner or partner who is female and/or a minority to retain the DBE status.
The sale includes 31 trucks and a transition period with the seller.
Don't wait to start the conversation. This listing won't last long.
2022 Cash Flow: $949,380
Investment Highlights
- $14,144,605 Revenue and $949,380 SDE in 2022.
- 7% Cash Flow Margin
- 2023 Projected to reach
- $19,000,000 Revenue
- $ 1,531,000 SDE
- 27-Year History
- Disadvantaged Business Enterprise (DBE)
- Small-business Woman and/or Minority Owned, Virginia
- Sale includes $3,347,091 in assets, equipment, and vehicles