Trucking Company in South Florida For Sale
Asking Price: | $5,500,000 |
Inventory: | $100,000 |
FF&E: | $3,400,000 |
Gross Revenue: | $17,604,976 |
EBITDA: | $2,026,812 |
Established Year: | 2009 |
Operating since 2009 in South Florida, this company specializes in refrigerated transportation, providing long haul, regional and dedicated transportation as well as consolidation and logistics services. Authorized for interstate transport in 48 states. It currently operates in a new larger facility with 5 acres of land in Medley, FL to provide better parking for the trucks, ample space for its own repair shop, storage for truck parts and equipment and a comfortable office space of 1,200 sq ft.
The company has a long history in refrigerated transportation and provides customers with innovative cold chain solutions to all their transportation needs. They strive to be the best perishable handling company in the industry; for that, they have highly qualified personnel that will attend to all specifications and needs.
The company currently operates 75 trucks with state of art tracking technology and only operates reefers to transports refrigerated goods. It owns 47 trucks and 50 trailers; the rest of the trucks and trailers are owned by owner operated drivers.
The company’s work force consists of 82 individuals (64 company drivers, 11 owner operator drivers, 11 clerical employees in Florida and 7 dispatchers in Nicaragua). All the drivers are independent contractors.
The company has a fixed cost insurance policy based on truck miles and now the company can add an unlimited number of trucks to the policy without increasing a fixed cost. Any Auto type coverage extends Liability insurance to hired and other non-owned trucks, and new trucks added during the policy term.
Since the 2020 pandemic, the company began storing a large variety of truck parts for their own use because of the difficulties to obtain the consumable parts on time. Now they keep a stock of new tires, engines, filters, etc. and this allows them to service their trucks quickly and efficiently at a much lower cost. Also, the company has its own repair shop and fully dedicated mechanics that guarantee that every truck and trailer is in very dependable condition to perform without delays. All trucks are inspected and maintained regularly to comply with the state and federal regulations. A dedicated team constantly supervises the electronic driver’s Logbooks, and they consistently maintain a clean record complying with all regulations.
During the year 2024, the company expanded into the oil industry, operating 20 dump trucks in Texas under a profitable, long-term contract for sand transportation. The new oil industry contract in Texas is expected to significantly enhance profitability in 2025.
The owner is very willing to train and assist the Buyer for a smooth transition after closing.
Interested parties must fill out and sign a Non-Disclosure Agreement in order to receive additional information about this business. You may download the NDA from this listing.
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