Transportation Company in the Freight Trucking and Moving & Storage
Gross Revenue: | $4,723,000 |
EBITDA: | $189,000 |
The offering includes two independently operated divisions serving two distinct transportation markets, dry van truckload freight and moving & storage solutions.
Key Aspects:
· Strong brand names & reputation for excellent service & delivery
· Ownership contends freight hauling division positioned to scale based on customer demand
· Warehouse & storage facility has little to no area competition
· Freight-hauling contracts with top customers
· Freight trucking accounts for 80% of revenue, with moving and storage comprising the remaining 20%
Opportunities:
· Expand marketing efforts to the commercial market with a focus on the area’s only 50,000 square-foot storage facility
· Reach out to key freight hauler customers to offer additional lanes in and out-of-state
· Diversify vehicle freight hauling fleet to include flat-bed and reefer trailers
· Evaluate how leading technologies can advance both divisions’ service offerings
Headquartered:
· Texas
Current Markets:
· One division of the company serves local residential and commercial moving & storage markets with services that extend nationwide and internationally. The second serves commercial customers nationwide.
Real Estate:
· The company operates from a 50,000 square-foot office & warehouse facility, which is held by an affiliated entity. The operating facility will be leased to new ownership post-sale.
Shareholder Objectives:
· Ownership is seeking retirement and an eventual full exit from the company. Ownership is open to various deal structures to facilitate a transaction.