Regional Refrigerated Freight Carrier
Utah
Asking Price: $ 18,500,000
Cash Flow: $2,500,000
Gross Revenue: $13,000,000
FF&E: $6500000
Inventory: $0
Year Started: 2011
Business Description
Solid business for only a six time multiple plus assets! You get the best of both worlds, a carrier that hauls its own freight and a company with so much business that they have to broker some of the routes out. They have been growing this business for over 10 years and not only do they have a wealth of experience, they have also maintained a reputation for excellence. This Western U.S.A. trucking company has found its niche by specializing in temperature controlled freight transportation. They are a leader in their market because they do this exceptionally well. Their main focus is on produce which is a very sensitive commodity but even in slower market conditions this business continues to grow because there is always a need to ship food. In addition to produce, they also haul frozen foods and even medical supplies.
This business is turnkey, fully operational and ready for a new owner to step right in. They have 43 tractors, 42 reefers and it comes with a 6 acre yard that provides plenty of space for expansion or building. A new owner could add trucks and drivers and take all of these additional routes. They currently only cover seven western states but that could be expanded with additional resources.
The current owner is willing to stay on for as long as needed to provide a smooth transition or assist with the expansion. This is a great opportunity to secure an incredible business in a niche market with a ton of room for growth! Owner is now open to fractional partnership proposals.
Detailed Information
- Location: Utah
- Industries: Transportation & Storage
- Detail inventory: Not Included in asking price
- Building SF: N/A
- Rent: N/A
- Lease Expiration: N/A
- Employees: 42
- Seller Financing: No
- Established After Year: 2011