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Listed by:

Cincinnati Business Brokers

Established Trucking Company In Ohio For Sale

Cincinnati, Ohio, US
Asking Price:
$550,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$5,100,000
Cash Flow:
$250,000

30+ Year Trucking Co Includes $350,000 Accounts Receivable

The asking price includes $350,000 in accounts receivable, the seller will pay all current payables at closing along with the seller retaining the cash in the company accounts.

The retirement aged original owner of this Greater Cincinnati trucking company has a myriad of services that have been offered through the years: air freight cartage, same day delivery, hot shot trucking, express trucking, expedited LTL, exclusive use vehicles, white glove and blanket wrap services.

The company provides expedited transportation solutions at the local, regional, and national levels across the US and Canada.

They operate with primarily company employed drivers and vehicles. The business is offered as an asset sale purchase, free and clear of debt.

The owner will train in all aspects of the business and will be available to ensure a smooth transition. Other highlights include:

SBA loan eligible

No accounts receivable issues

11,200 SF office, warehouse, and dock space

Transportation Management System software

Employees with total of over 100 years with the company

Over $200,000 in trailers & warehouse equipment

Clean books and records – all numbers are verifiable.

Property Information

Real Estate:

Lease

Premises Details:

The company is housed in a 11,200 square foot facility with 1,700 square feet of office space, the balance being warehouse space. There is a paved lot with plenty of dock space.

Business Operation

Expansion Potential:

The infrastructure is present to build upon with a motivated sales force to take the company to the next level.

Competition / Market:

This is a competitive industry, but the company separates themselves from their competition with their over 100 year loyal work force.

Reasons for selling:

The owner is in his 70’s and has serious health issues.

Trading hours:

Monday thru Friday

Employees:
29
Years established:
30

Other Information

Support & training:

The owner will train in all aspects of the business and will be available to ensure a smooth transition.

Financing available:

SBA loan eligible

Furniture / Fixtures value:
$200,000 - included in the asking price
Inventory / Stock value:
$2,500 - included in the asking price