Short-Haul Trucking Services Company for Sale

Freights travelling on a freeway
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This Company for sale is a Midwestern trucking company providing short-haul truckload (TL) and JIT shipping for clients in the automotive, steel, and agricultural industries.


Company Highlights

  • In 2010, the Company generated EBITDA of $791,610 on revenues of $5.31 million
  • EBITDA is projected at $865,000 on revenues of $5.0 million for 2011
  • Operates within a 500-mile radius of Company headquarters, in the region of the industry-heavy I-75 corridor
  • Business model features an employee base of both company drivers and owner-operators, which provides the flexibility to quickly adjust to market demand without affecting overhead
  • Pricing schedule passes fuel costs along to customers, for insulation from market fluctuations and cash flow stability
  • Excellent relationships within the auto and steel industries allow the firm to continue building on an already well-established account base of 40 customers who provide an estimated 99% rate of repeat business
  • An immaculately-maintained fleet, presently consisting of 19 very late model Volvo tractors and 32 trailers, in addition to the comprehensive array of transport available through the base of operators, allows for the transport of any product
  • Passed its most recent Department of Transportation (DOT) audits with the highest score possible, and in 2009, became one of the first trucking companies in the country to achieve ISO 9001:2008 certification.

Actual

Projected

FYE December 31,

2008

2009

2010

2011

2012

2013

Sales (In $ Thousands)

6,350

3,726

5,311

5,000

5,500

5,775

Operating Expenses

5,600

3,195

4,519

4,135

4,536

4,752

EBITDA

750

531

792

865

964

1.023

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