One of the Largest Specialty Heavy Hauling Carrier in Oklahoma

Company Overview: Location: Sapulpa, Oklahoma Established: 2013 (acquired by owner in February 2020) Industry: Specialized heavy hauling carrier Fleet: 32-tractor fleet, 60+ trailers (flatbed, step deck, RGN, specialized) Operations: All 48 contiguous states, California legal trailers FF&E: $8,000,000 Real Estate: 16 acres / Estimated Value $1,500,000 Aging AR: $2,000,000 Financial Performance: Top-Line Revenue (2023): $10,069,702 2023 Adjusted EBITDA: $2,798,661 Key Highlights: Transitioned from general trucking to specialized heavy haul carrier Profit Margin Growth: From 13% to over 40% between 2022 and 2023 Increased trailer count and fleet expansion Strong financials and exceeding projections Experienced management team with 40+ years combined industry experience Customer base consist of 60% being oil and gas customers Growth Opportunities: Expansion into specialized and heavy haul freight market Acquisition of direct freight customers Increasing demand for specialized freight hauling Strong foundation for continued growth and profitability In a great position to generate $20,000,000 over the next five years with one of their customers, Cummins and substantial growth with another customer, Interflex Assets: Fleet of late model trucks and trailers Established brand and reputation as a premiere Heavy Haul Carrier Experienced team of over-the-road drivers Strong financial foundation and growth trajectory Owner's Motivation: He is an investor and serial entrepreneur Looking to sell the business and assist in a successful transition Believes in the company's potential for future success Will be available during the transition period for 12 months Owner will retain 19% and continue managing the company Conclusion: Lucrative investment opportunity with strong financials and impressive 2023 Adjusted EBITDA of $2,798,661. Recession-resistant business model in the essential heavy haul industry, catering to a niche market. Significant growth potential through expansion into specialized freight hauling and acquisition of direct freight customers. Well-established brand and loyal customer base, providing immediate market presence and revenue streams. Experienced management team and operational control for immediate impact on operations and growth strategies. Acquiring this target presents a compelling opportunity for investors and strategic buyers alike. With its strong financial performance, established reputation, and strategic growth initiatives, this company is positioned for continued success and profitability in the specialized heavy haul sector.