Listing Number: 52941-691300
COVID PROOF AND RESILIENT TRANSPORT COMPANY - EXCELLENT INVESTMENT OPPORTUNITY
Established in 2018, this rapidly growing and profitable North Texas trucking company offers an ideal opportunity for buyers looking for a turn-key business; and for those buyers wanting to expand their existing transportation/logistics company. And as an “essential business” the road to success is wide opened.
This DOT-registered business specializes in oilfield transportation and logistics; offering dry bulk cement and sand transportation. They are also an approved carrier with Amazon as a general freight carrier.
The company owns and maintains its own fleet of six Peterbilt trucks and 10 accompanying trailers, two of which are brand new 2021 trucks. These are operated by an extensive network of dedicated independent contractors. They also generate additional revenue and pure profit by contracting with other owner-operators to handle overflow business without adding additional capital investment. Owners have full-time jobs and are owner absentee with approximately 2 hours each in business weekly.
With 2020 being the worst oil downturn in 40 years, the business recovered nicely in Q4. Current 2021 projections and performance put financials ahead of previous earnings. 2019 SDE $594,242.
And with a large percentage of revenues coming from repeat customers the next owner has an excellent opportunity to dramatically expand business and revenue.
• Positive industry reputation and loyal customer base
• Large percentage of revenues are from repeat customers
• Consistent revenues & seller’s discretionary earnings
• Owns and maintains its own fleet of trucks and trailers
• Manages an extensive network of dedicated independent, contract operators
• Opportunities for organic business growth by extending hours of operation
• “Essential Business” designation is the opportunity for strong expansion and revenue
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- Price: $2,250,000
- Down Payment: --
- Sellers Discretionary Earnings: $275,183
- Total Sales: $2,015,314
- Location: Cooke County, Texas
- Inventory: $12,000
- FF&E: $800,000
- Year Established: 2018
- Reason for Selling: other business interests
- Category: Transportation