Exceptionally Managed Asset Based Trucking SE Owner will stay on!
Asking Price: | $2,700,000 |
Rent: | $4,200/Month |
Established Year: | 1967 |
Gross Revenue: | $2,700,000 |
FF&E: | $2,800,000 |
Exceptionally Managed Asset Based Trucking SE Owner will stay on!
The perfect world for this seller is high net worth individual or private equity to fund growth. Owner is willing to take a small equity (ownership) position and continue to run the company.
A growing warehousing operation that the seller ownes that could be attached to the sell.
This is a 50-year-old well established asset-based trucking company that is looking for a larger company that is willing to help grow the company as fast as possible. This is an exceptionally well managed Asset Based Trucking Company in Georgia and the owner wants to stay with the company. The seller will stay on and hold a minority share.
This is a tremendous opportunity to acquire an established, profitable, and well-managed Trucking business in Eastern Georgia. The Company has an excellent reputation and a large number of long-standing, satisfied clients including nationwide retailers, manufacturers, and suppliers of raw materials.
Servicing the General Haulage vertical predominantly, on a consistent transactional basis and specific contractual basis with some clients, truckload volumes and associated required capacities are well understood by the company ensuring high levels of optimization of the current fleet. The Company also does some 3PL LTL and Truckload work to supplement revenues as and when required.
The Power Unit fleet is in a very good condition, with a proactive maintenance program being rigorously observed. The Trailer Fleet is in excellent condition also thanks to the foresight of the current team in buying high-quality trailers with longevity in mind.
By prioritizing cost control and ensuring a high utilization of the fleet the business is profitable and cash flows are well managed. Records and Books are well organized and the company has a well-seasoned driving crew and employees. The current functional management team are very well qualified and would provide excellent local leadership to help drive the growth of the business and manage operational delivery.
There are exceptional growth opportunities within current clients and in targeting specific additional opportunities within the market that the company could service in a profitable manner.
This Co. headquartered close to residential and commercial areas and with excellent connections to the Interstate System, the company operates from a well-resourced location with an on-site workshop for maintenance that services other trucking companies. There is a truck yard for swap over and re-load as required.
The opportunity will suit a well-funded industry professional looking to expand their existing business with a strategic acquisition.
The current owner is willing to stay on and continue to lead the company holding a minority position. The ideal scenario is that the seller keeps a minority share selling to a well-capitalized organization and helps fund the growth.
This company is ready to grow and the current owner does not have the capital to get it done and needs help.
**This company could triple in size with the right buyer that can financially support the growth.
The company is ideal for Private Equity or an Existing Company looking for growth and current management in place.
This opportunity is for a larger trucking company to do an add-on. This is a signifiant opportunity for growth for the right player!