ABSENTEE OWNER SPECIALIZED TRUCKING COMPANY - SC2106
Transportation Businesses for Sale
- Primary Category: Transportation Businesses for Sale
- Secondary Category: Truck Brokering Businesses for Sale
This Nevada based Specialized Trucking Company is a Nevada Limited Liability Company and was established in 1980 as a 1-truck tow company and now has a fleet of over 50 vehicles. They provide any heavy haul transportation, excavation removal, asphalt & dirt hauling, water truck usage and many more services. They have over 50 transportation vehicles which includes over 40 tractors and approximately 130 trailers. They have 10 wheelers, water trucks, low beds, end & belly dumps, super dumps, transfers, flat beds and pilot cars. They also provide chains as part of their specialty services. This company is also members of the Specialized Carriers & Rigging Association. They pride themselves on the care and maintenance of their vehicles, having their own service department and mobile service trucks. This is a Cash Free / Debt Free sale. This is an Absentee Owner business.
One of the most valuable assets of this organization outside of their huge fleet of vehicles is their highly diversified and highly loyal customer base. Growth can be obtained by adding additional customers as well as adding additional assets to the fleet and drivers. Also, expansion geographically on their routes and further marketing and sales efforts could help to grow business. This business is highly scalable, and other transportation services can be added. Their relationship in the marketplace is impeccable.
Financial Information
- Negotiable Asking Price
- $2,673,790 Cash Flow
- $11,566,788 Gross Revenue
- Negotiable Down Payment
Business Location
- City: Confidential
- State: Nevada
Reason for Sale
- The reason for selling is Seller are looking to retire.
Detailed information
- Year Established: 1982
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 48
- Part-Time Employees: N/A
- Contractors: N/A
- Owner Worked Hours/w: 5
- Adjusted EBITDA: $2,288,038
- Inventory Included: Yes
- Inventory Value: $200,000
- Monthly Rent: $26,000
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: Negotiable
- Building Size: 12000
- FF&E Included?: Yes
- FF&E Value: $13,252,265
Training/Support
- The Seller is willing to provide training for 4 weeks at 30 hours per week. Additional training from the Seller is available beyond what is included in purchase price at mutually agreed to terms between the Buyer and Seller.
Facilities
- The business operates out of 2 locations in Nevada. The first and their main location is on over 3 acres and with a building of 6,000 square feet. The second location has an additional 5 acres with a building of 6,000 square feet. Monthly rent for both locations is $26,000 per month. The Seller owns both properties and they are not going with the sale of the business, but Seller is willing to offer a Right of First Refusal on the sale of both properties to the Buyer. Seller is willing to work with Buyer on favorable lease terms. There are licensed and permitted fuel tanks located at both locations.
Market Outlook/Competition
- There are currently other competitors in the market, but this company has an extremely loyal customer base and a great reputation and retention rate. The other competitors (approximately 3 of them) work in conjunction to service the entire market, and there is plenty of work for all parties involved.
Real State Description
- The business operates out of 2 locations in Nevada. The first and their main location is on over 3 acres and with a building of 6,000 square feet. The second location has an additional 5 acres with a building of 6,000 square feet. Monthly rent for both locations is $26,000 per month. The Seller owns both properties and they are not going with the sale of the business, but Seller is willing to offer a Right of First Refusal on the sale of both properties to the Buyer. Seller is willing to work with Buyer on favorable lease terms. There are licensed and permitted fuel tanks located at both locations.
Business Listed by
Brett Sargent
Sunbelt of RenoContact Business Broker
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