Looking for a buyer.
This transportation and warehousing company has an
extremely diverse client base and 85% of their revenue
comes from repeat customers. Established in 1989, this
business has an excellent reputation and current ownership
was able to continue building that reputation after purchasing
in###-###-#### With a warehousing location based in Wisconsin,
their service area is primarily in the Southwest are of the
United States. This warehouse is 20,000 square feet
including 1,200 square feet of office space. The current team
consists of 30 total employees. This includes the two owners,
3 team leads, 13 long haul drivers, 4 local drivers, 6
warehouse workers, and 2 Dispatchers. They have all of the
members needed to continue operations as they are currently
established.
Both of the current owners are very involved in the business
and work full time. Owner 1 handles work related to HR,
financials, insurance, sales, and pricing. Owner 2 handles
work related to overseeing the leasing, purchasing, and
maintenance of equipment as well as fueling, business
development, and hiring. To ensure a smooth transition, both
owners have agreed to stay up to 3 years. One person could
do both roles with the addition of an outside book keeper. The
salaries needed to retain or replace one owner and to partner
with an outside book keeper have been factored into the
current cash flow. Growth opportunities that new owners
could pursue moving forward include hiring more drivers,
building on current partnerships (increasing the amount of
storage being utilized by these clients or transitioning clients
from one side of business to taking advantage of both the
warehousing and transportation services offered), and
increasing facilities to create flexibility with load transferring.
Priced at $2,600,000 a down payment of $325,000 would
return $333,890 in the first year after debt payments. This
long-standing business is ready for new ownership to take
over and enjoy the continued growth that has been enjoyed in
recent years.
listing type
exclusive representation
exclusive representation
industry
Transportation
Transportation
location
Wisconsin, USA
Wisconsin, USA
revenue
$8,213,860
$8,213,860
ebitda
$714,107
$714,107
proposed price
$2,600,000
$2,600,000
equipment
$694,677
$694,677
SBA eligibility
yes
yes
collateral
Equipment
Equipment
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