Specialized Freight Companies: 27-year History Disadvantaged Business

Fredericksburg, VA
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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
BUSINESS DESCRIPTION

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


DETAILED INFORMATION
Location
Fredericksburg, VA
Inventory
Included in asking price
Employees
21
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Leased Space excellent facility
Competition
The Company works with asphalt companies, general contractors, and brokers. They have an outstanding reputation and it shows in client longevity. Their number one client has been with them for 27 years. That company accounts for 80% of their business over dozens of projects each year. Each of the remaining clients in the top 3 have been with the company for 4 years. The companies DBE designation is one of the top reasons these clients work with them. The DBE certification allows their clients to bid on an array of government contracts.
Support & Training
As needed and Negotiated
Reason for Selling
Retirement and Health
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Dan
Daniel
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Dan Daniel