Very Profitable Local Hauling Transport Company
North CarolinaListing DetailsOffice ID: TRUCKING2
Listing Broker: Joe Vagnone
Listing Price: $575,000
Gross Revenue: $1,493,057
Cash Flow: $147,641
FF&E Included: No
Sales Structure: Asset Sale
Seller Financing: Yes
Financing/Terms:Seller would consider some financing to the right, qualified buyer.
Reason for Sale:Seller wishes to pursue other opportunities.
Training:Seller will train a new owner - length of time and compensation are negotiable.
OperationsYear Established: 1999
Form of Ownership: S Corp
Employees (full-time): 3
Employees (contractors): 1
Business Hours: 7 am – 5 pm Monday – Friday, available on scheduled weekends
Founded 22 years ago by the current owner, this very profitable and lean-run dump truck hauling business has experienced explosive growth in recent years, with 2020 and 2021 sales the best years in its history. The family owned and operated company prides itself on meeting and exceeding customer demands, and enjoys a stellar reputation in the business community as the “go to” for local contractors and individuals in need of dump truck deliveries for fast, dependable service. The company possesses an extensive and diverse customer list, with mostly very loyal, repeat customers. With a loyal, experienced, and capable staff, the business enjoys year-round consistent business. With the nearest competitor being some distance away, there is very little competition. This business is ready for a new owner to take over the operation and invest in growing the operation.
This is a tremendous opportunity for either an investor to add value to a current operation or an owner-operator with a desire to own their own business with great potential and opportunity for growth. Inquire today!
Historical Summary:This business was founded 22 years ago by the current sellers, and has grown into an efficient and very profitable operation that continues to grow and thrive.
Knowledge of the area and clients, customer service, people, communication, multi-tasking and dispatching, and having a CDL would be helpful.
Competition:With very few competitors in the market area, this business enjoys outstanding customer retention with a business built on superior reputation and quality service.
Potential Growth:The potential growth of this business is limited only to the new owner's willingness to invest time and effort into growing the business.
LocationType of Location: Stand Alone
Square Footage: 5500
This business currently operates from a 5,500 sf building that includes office and shop space owned by the seller. Seller would be willing to lease current space until a new owner could relocate.
Last Updated: Oct 22, 2021 / 8:54 AM
Financial Information Current As Of: Jun 15, 2021 / 11:10 AM