Established Trucking Company with Long-Term Clients
Business Description
This trucking business with operations primarily focusing on the state of Florida, was founded more than 20 years ago in Sarasota with one truck and a single trailer. To date, the company has grown substantially and currently has a fleet of 6 trucks and over 100 trailers.
In the trailing twelve months to August 2023 the company generated revenue of over $4.3M with a Sellers Discretionary Earnings (SDE) upward of $307K. The business has proven to be recession/pandemic-proof as witnessed by its consistent revenue over the last four years. Its local expertise and flawless operations in the area have resulted in an on-time rating of 98-99%.
There are 2 very long-term clients with low collection periods and numerous other clients that ensure the company’s steady sales year-on-year.
Team: The business is run by the President and Vice President (co-owners) who are supported by 4 full-time drivers, 2 full-time office staff, and 3 part-time other staff.
Transition and Support: The owners are open to negotiating transition support post-sale.
Growth and Expansion: Every major industry relies heavily on the trucking industry to maintain its supply chain. The trucking sector is expected to see consistent and steady growth, with an estimated growth rate of 6% from 2020 to 2030.
In the trailing twelve months to August 2023 the company generated revenue of over $4.3M with a Sellers Discretionary Earnings (SDE) upward of $307K. The business has proven to be recession/pandemic-proof as witnessed by its consistent revenue over the last four years. Its local expertise and flawless operations in the area have resulted in an on-time rating of 98-99%.
There are 2 very long-term clients with low collection periods and numerous other clients that ensure the company’s steady sales year-on-year.
Team: The business is run by the President and Vice President (co-owners) who are supported by 4 full-time drivers, 2 full-time office staff, and 3 part-time other staff.
Transition and Support: The owners are open to negotiating transition support post-sale.
Growth and Expansion: Every major industry relies heavily on the trucking industry to maintain its supply chain. The trucking sector is expected to see consistent and steady growth, with an estimated growth rate of 6% from 2020 to 2030.
About the Business
About the Sale
- Seller Motivation
- Retirement
Listing Info
- ID
- 2184067
- Listing Views
- 2465
Listing ID: 2184067 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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