Business Description

Great opportunity to acquire a large and very profitable trucking company that is primarily a contracted truckload carrier. They are based out of Tennessee and mainly operate out of Texas, Eastern US, and the Pennsylvania/ New Jersey markets, but they have operations in most other states as well.

One of the primary factors to their continued success is their stable and long-standing employee base in key positions. This stability in the staffing helps make this a turn-key operation. They have the experience and the resources to recruit drivers fast to make sure they keep the trucks on the road. Historically this company has had an exceptionally high driver retention rate. The experienced dispatch staff is highly skilled and well trained. The company has invested heavily in the top industry technologies. Their entire fleet is fully equipped with People Net tablets that directly connect to their TMS and the TMS is connected to their customers via EDI.

They have invested in a single manufacturer uniform fleet. The new owner would get International LT’s and all of the trucks are spec'd the same way. They currently have 83 tractors ;82 of which are company-owned, and 1 leased that ends in 2023. Of the company-owned tractors, 75 of them are 2019-2021 LT625. The company leases 266 trailers, which are all 53ft dry vans at below the market rates with an average of $349 per month. The new owner will also get an extensive inventory of spare parts.

Real Estate:Leased

Building SF:2,000

Employees:91