Long Haul Trucking Company For Sale

Business description

** PRICE REDUCED TO $1,500,000 ** The Company was founded in 1996 by the current owner. It is licensed in 48 states by the Department of Transportation with most of its loads delivered to the West Coast, Southeast and the Upper Midwest. The company is currently headquartered in Texas on 4.2 acres of land with a 6500 sq ft warehouse, an administrative office and truck and trailer repair shops and operates a fleet of 15 company owned trucks , 8 owner operated trucks and 58 trailers. Most of the Company s sales are concentrated in large direct accounts which utilize the company s proximity to the border to handle freight movement of finished goods produced in Mexico to sites across the country, while other sales orders are received from numerous shipping brokers. The company s growth has been significant over the last few years as follows: 2003 Sales---$2,500,000. 2004 Sales---$3,600,000. 2005 Sales---$5,250,000. The company has an experienced management and sales team as well as the equipment in place to continue its growth. This is a service oriented Trucking Company with a loyal customer base. The current owners emphasize that the customer is always right and they recognize that if they don t take care of the customer someone else will. Contact Tom Given for further information about this opportunity. This is a turnkey transportation operation that is ready to grow! This offering is structured as an asset sale. This is neither an offer nor a solicitation to sell securities.

Property information

Real Estate:

Lease

Lease terms:

Rent $60,000 per year. Term is flexible as seller owns the real estate and will lease, lease purchase or sell.

Location:

Approximately 4.2 Acres of land with ~6500 sq ft warehouse, an administrative office and truck and trailer repair centers

Other information

Expansion potential:

This company is set to continue its growth due to the service oriented environment. The current owners believe that a new owner could significantly increase growth by doing the following: Increase advertising and marketing primarily by sending flyers and brochures to shipping brokers; Add additional owner operated trucks; Add a sales representative paid on commission to make direct contact with large direct customers and with shipping brokers; Develop a web site to market the services to companies that have transportation needs.

Competition / Market:

Competition is significant i this industry, but demand exceeds supply for reliable trucking services.

Support & training:

Current owner will provide 2 months of training at no charge.

Reasons for selling:

This business is managed by a husband and wife team. They wish to retire.

Trading hours:

7am-6pm Mon-Fri; Dispatch 24/7

Furniture / Fixtures value:

$1,100,000 (included in the asking price)