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Premier Tn - Based Otr Trucking & Logistics Company
Location: United States -> Tennessee -> Memphis
Industry: Business Services > Transportation – Airplane, Taxi, and Limousine

Business Summary

The Company is a full-service asset-based carrier that may also include for sale a start-up non-asset-based brokerage company and additional Federal MC number.

For a buyer looking to break into the logistics business, you could have the best of both worlds… the ability to broker loads with hundreds of carriers nationwide while the asset side of your business runs dedicated or overflow loads for some of our nation's top logistics firms!

- Company formation: 2019
- Tennessee Limited Liability Company
- $896,623 in Trucking Revenue in 2022
- $622, 969 in Gross Profit for 2022
- Five late-model Class 8 semi-tractors are included in the sale
- A separate freight brokerage/brokerage MC may be included in the sale
- Owned facilities: favorable lease terms to new owner available
- Negotiable period of training/transition consulting at no cost
- Negotiable non-compete
- The Company is being offered for sale through a ''best offer'' format

The Seller also has another business where he wants to shift his focus, and so he is looking for the right buyer to take what he has built and to grow it to the next level. Confidentiality is a concern for the Seller as he seeks just the right buyer, and so the location information provided in the ad is that of the broker, and not of the Business. Business location and name will be shared once a qualified Buyer prospect is vetted.

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Detailed Information

Facilities: Owned: Seller is willing to provide competitive lease terms to the Buyer.

Competition: Like opportunity, competition is intense and plentiful in the logistics business!

Growth & Expansion: The Future growth plan for the trucking side is easy: more trucks + more drivers equals more revenue and profit.

On the brokerage side, allowing 1099 brokers to work fully remote has allowed the Company to hire several brokers with an e


Asking Price Range:  $500K - $1.0M
Gross Revenues:   $896,623
Cash Flow:   $100,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $500,000
Seller Financing:  Yes

About The Business

Year Established:  2019
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned

About The Sale

Management Training and Support:  As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.
Reason For Selling:  Other business interests.

Print Listing Id: 700386163
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Also See: Franchise Opportunities > Franchise Resales > Tennessee Businesses For Sale > Tennessee Franchises For Sale > Tennessee Business Brokers

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