Absentee Owned Specialized Trucking Company

Business Overview:

Absentee Owned Specialized Trucking Company - SC2206

Financial Information
Asking Price: $14,500,000
Cash Flow: $3,000,000
Gross Revenue: $10,000,000
Down Payment: $10,875,000
Seller Financing: Yes

This Nevada based Specialized Trucking Company is a Nevada Limited Liability Company and was established in 1980, and has been under the current ownership since inception. They stared as a 1-truck tow company and now has a fleet of close to 50 transportation vehicles including 40 tractors and over 125 trailers. They provide any heavy haul transportation, excavation removal, asphalt & dirt hauling, water truck usage and many more services. They have 10 wheelers, water trucks, low beds, end & belly dumps, super dumps, transfers, flat beds and pilot cars. They also provide snow 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 company services the 7 Western States, but most of the work is done in Nevada and California. Have a location servicing California but not in California allows for favorable terms in purchasing vehicles. 70% of what is hauled is aggregate. This is an Absentee Owned 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.

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Property Features and Assets:

Business Location
City: Northern Nevada
State: Nevada

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.

Reason for Sale
The reason for selling is Seller are looking to retire.

Detailed information
Year Established: 1980
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 48
Part-Time Employees: N/A
Contractors: N/A
Owner Worked Hours/week: 2
Adjusted EBITDA: $2,750,000
Inventory Included: Yes
Inventory Value: $200,000
Monthly Rent: $26,000
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value: On request
Building Size: 6000
FF&E Included?: Yes
FF&E Value: $13,000,000

Market Competition and Expansion:

Market Outlook/Competition
The North American Specialized Freight Trucking market is set to expand significantly between 2024 and 2031, driven by increasing consumer demand for advanced solutions and ongoing technological progress. Companies are focusing on strategic alliances and mergers to strengthen their market presence and enhance product offerings. Investments in research and development are also contributing to market growth.

Training/Support
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 purchase price at mutually agreed to terms between the Buyer and Seller.

Facilities
The business operates out of 1 location in Nevada. This location is on over 3 acres and with a building of 6,000 square feet. Monthly rent is $26,000 per month. The Seller owns this property and while it is not included in the current list price, it may be available for purchase at an additional price. Seller is willing to work with Buyer on favorable lease terms. There is a licensed and permitted fuel tank at this location.

Real Estate Description
The business operates out of 1 location in Nevada. This location is on over 3 acres and with a building of 6,000 square feet. Monthly rent is $26,000 per month. The Seller owns this property and while it is not included in the current list price, it may be available for purchase at an additional price. Seller is willing to work with Buyer on favorable lease terms. There is a licensed and permitted fuel tank at this location.

CA 02100708
NV 1003039

Reason for Selling:

Additional Details:

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