Profitable Regional Flatbed Carrier Available for Sale
Industry: Other, Capital Wanted
Description of Business
This transportation leader supports large industrial companies as an outsourced provider for regional, not long-haul, hauling. This flatbed carrier can haul just about anything that can be strapped down. The company trucks throughout the Northwest and south to Utah and Wyoming, east to Montana and north to Alberta, BC, Canada. With a dedicated and large customer base of between 60 and 70 active shippers, it has consistently been recognized as a preferred hauler, currently serving as either the #1 or #2 hauler for several large, national industrial customers.With recent expansion, the operation includes a new wash bay and additional ground for fleet parking. The company’s fleet consists of 28 trucks ranging in age from one to 10 years, and 34 trailers ranging in age from two years to 14 years, with unique top-of-the-line specs in A+ condition with asset value of nearly $4 million.
Property Information:The company’s headquarters and operations are based in an ideal location just one-half mile from the interstate. The facility includes an 80 X 50 foot building, and a new 1,100 X 60 foot tire center.
Competition and Growth Potential:This company is a leader in its operations as measured by customer scorecards, and is already benefiting from increased utilization of its fleet of 28 trucks. Full utilization yields close to $6 million in revenues and more than $1 million in EBITDA over 12-months.
Financing Options:Owner will to provide a portion of financing as required by lender.
Support and Training:With continued industry consolidation and the owner’s desires to seek retirement, this company is an excellent candidate for merger or acquisition by a national or regional carrier seeking a stronger market presence and the company loyal customer base in addition to it’s A+ fleet with top-of-the-line specs. The business is also a viable candidate for acquisition by an experienced industry professional seeking an entrepreneurial opportunity.
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