An 80 year history built on integrity, on-time delivery and excellent service. Founded in 1934, this southeast Nebraska freight carrier provides cost-effective and reliable transportation solutions addresses to the specific needs of the client. They also provide brokerage services in a 300 mile radius in the Midwest for heavy haul, expedited transit and volume shipment.
This business is relocatable anywhere and has six shop employees on staff as well as 10-15 contracted drivers working per week dependent upon the needs of the client. The Seller will train the new Buyer for up to 90 days of a transition period. There are currently 6 trucks being used daily, however 14 trucks and 17 trailers will all be assets of the sale, allowing a new Owner to expand sales without investing in additional equipment.
Using the funding example, an equipment loan would be fully collateralized by equipment owned in the business. A Buyer would receive a Net Operating Income of $79,511 annually after all business expenses and loan payments.
Next Steps For a detailed financial package, please contact Cortney Sells or one of The Firm Business Brokerage’s professionals at 402.998.5288 or email Confidential@TheFirmB2B.com.
Reason for Selling: Retirement
Personnel: 6 Shop Employees + 10-15 Drivers (based on current trucking needs)
History: Established 1930s
Support to Buyer: Up to 90 days
YOY Growth: Cash Flow grew 73% between 2014 and 2015
Intangible Assets: Professionally-designed website and digital marketing assets, low and highly sought-after MC and DOT #s
A/R Included: $135,102 (may vary depending on seasonality
Equipment Included:$500,000 (fair market value) of 14 trucks and 22 trailers
Profit Margin: 10%
Growth Opportunities: Grain Hauling
Current Owner's Responsibilities: Business-to-business sales
15% Buyer Down Payment: $90,000
15% Seller Financing: $90,000
70% Bank Loan: $420,000
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