Specialized Short Haul Logistics Company

SOLD – Long standing trucking company with great cash flow and consistent revenue driven by solid contractual clientele.  This company has a stellar track record with a loyal and stable workforce.  The business provides service in West / Southwest Michigan with room to expand if desired. 

19 fulltime employees operating 13 semi’s and 5 straight trucks, providing short haul delivery services 7 days a week.

Listing ID:

ABA20095264-90

Location:

Southwest / West Michigan

Type of Business:

Trucking – Local

Asking Price:

$1,050,000

Gross Revenue:

$2,041,056

Cash Flow:

$313,808

Inventory:

Inventory included

FF&E:

$500,000

(included in asking price)

Established:

1960

Employees:

19 F/T

Facilities:

Over 15,000 sqft. Centrally located with large shop, storage, 1500 sqft. office suite (3 offices / 3 bathrooms) and ample parking.  The facilities are clean and recently upgraded with LED lighting.

Real Estate / Lease Terms:

Is available for purchase or lease. The building was built in 1984 and sits on 1.2 acres

Growth Opportunity:

This company has had a stellar record and there are opportunities to pick up additional contracts, expand routes and services to increase revenue.

Competition:

There is limited competition in this logistics company particular niche due to the type of contracts held. This leads to very predictable income with growth opportunities listed above.

Support & Training:

Seller will provide training to help the purchaser take over providing a smooth transition while learning the business and its operating activities, gaining and understanding of the customers and vendor partners, and building a working relationship with the employees. 

Reason for Selling:

Seller wants to retire and is looking for qualified buyer that will take pride in maintaining the integrity and reputation that has been established.  Seller will be available to work in the business during the transition.

Broker Contact:

Larry Baumgart – Advanced Business Brokers

Direct: 269-330-6924

Fax: 248-564-5259

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The broker has made no investigation of the above information, prospective buyers must accept all due diligence responsibility. ​Above information is subject to change and/or correction and should not be considered binding.