Interstate Trucking Company For Sale

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Listing ID: 70064865

Listing Title: Interstate Trucking Company For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=64865

Industry: Wholesale and Distribution

Industry Segment: Wholesale and Distribution

Country: United States

State / Province: Idaho

Area

City: Hayden

Asking Price Range: $500K - $1.0M

Gross Revenues: $1,600,000

Cash Flow: $250,000

Cash Flow Type: EBITDA

Year Established: 2002

Number of Employees: 6 - 9

Business Description:
OVERVIEW: Profitable interstate trucking company. In operation 4 years. Located in the northwest but can be based and operated anywhere in the U.S with no disruption. Serving 30+ states.. 7 power units, 8 trailers. Solid customer and driver base. 18% contract net after fuel, maintenance expenses, plus trailer rental and equipment lease/purchase interest. 6 or 7 drivers were recently converted to our lease / purchase agreement which is binding. They are responsible for all maintenance, fuel, and operating costs. Trucking company retains 18% of the gross for the lease on fee. Finding loads, billing, regulatory, etc The value of these contracts is $1.5M in profits over the next few years. FINANCIAL $1.1M gross in 2006. Ran only 3 trucks for 6 months, then all 7 for 6 months. $200,000 available cash flow. Project $1.6M+ gross for 2007. $300,000 cash flow. MISC Includes $275,000 Equipment. Makes a great stand-alone company or addition to an existing fleet to meet excess demand FINANCING For the right buyer, partial owner financing may be an option. Minimum 25% down. Asking $650,000 This company has contracts over the next three years totaling over $1,500,000 in positive cash flow after expenses. Previous industry experience not necessary to be successful in this endeavor. Current owner willing to help transition and be available for advice via phone once transition is complete. Contact for more information on this Trucking Company for sale.



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