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Absentee Owner Specialized Trucking Company - SC2106
Asking price available with NDA.
Cash Flow: $2,673,790
Gross Revenue: $11,566,788
EBIT DA: No Data
FF&E: $13,252,265
Inventory: $200,000
Established: 1982
Type: Independent
Business listed by:
Brett Sargent
Sunbelt Business Brokerage of Sacramento
(916)8002090
Business Description:
This Nevada based Specialized Trucking Company is a Nevada Limited Liability Company and was established in 1980 as a 1-truck tow company and now has a fleet of over 50 vehicles. They provide any heavy haul transportation, excavation removal, asphalt & dirt hauling, water truck usage and many more services. They have over 50 transportation vehicles which includes over 40 tractors and approximately 130 trailers. They have 10 wheelers, water trucks, low beds, end & belly dumps, super dumps, transfers, flat beds and pilot cars. They also provide chains as part of their specialty services. This company is also members of the Specialized Carriers & Rigging Association. They pride themselves on the care and maintenance of their vehicles, having their own service department and mobile service trucks. This is a Cash Free / Debt Free sale. This is an Absentee Owner business. One of the most valuable assets of this organization outside of their huge fleet of vehicles is their highly diversified and highly loyal customer base. Growth can be obtained by adding additional customers as well as adding additional assets to the fleet and drivers. Also, expansion geographically on their routes and further marketing and sales efforts could help to grow business. This business is highly scalable, and other transportation services can be added. Their relationship in the marketplace is impeccable.
Market Outlook/Competition
There are currently other competitors in the market, but this company has an extremely loyal customer base and a great reputation and retention rate. The other competitors (approximately 3 of them) work in conjunction to service the entire market, and there is plenty of work for all parties involved.
Support & Training
The Seller is willing to provide training for 4 weeks at 30 hours per week. Additional training from the Seller is available beyond what is included in the purchase price at mutually agreed to terms between the Buyer and Seller.
Financing Comments
Sellers are willing to carry a note for up to 25% of the purchase price over a 7-year period at 6% interest. The amount financed will be dependent upon the purchase price of the business and the quality of the Buyer.
Detailed information
- Year Established: 1982
- Home-Based: No
- Franchise: No
- Relocatable: No
- Required Licenses:
- Is Property Leased: Yes
- Real Estate Included: No
- Real Estate Available: N/A
- Real Estate Value: NEGOTIABLE
- Part-time Employees: N/A
- Full-time Employees: 48
- Building Size: 12000 sq ft
- Monthly Rent: $26,000
Broker: ProEquity Asset Management Corporation License ID: 01870526
Selling Reason:
The reason for selling is Sellers are looking to retire.
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