This 12 year-old trucking company, located in middle Tennessee, hauls sand and gravel for local construction, pool and concrete companies. Company has built a profitable and successful business. Through operating a small fleet of four Class 8 dump trucks, the Company has been able to keep their overhead costs to a minimum.
The Company has well maintained equipment, excellent financial records, an established customer base, and consistent growth over the past 3 years. Sales for 2009-2011 have been $453,000, $515,000, & $615,000 respectively. The seller’s discretionary earnings has increased each of the last three years as well: $109,000, $134,000, & $174,000. All revenue has been acquired through word of mouth and referrals with no advertising.
The seller estimates the equipment is worth $250,000 (and the equipment is included in the asking price). The company has 3 FT employees without benefits. The business operates 5 days a week.
Listing Number: 11210
Listing URL: Be sure to view this Listing URL to check on status of listing.
Date Listed on This Website: May 14, 2012
Description: Middle TN Sand & Gravel Hauler–Very Profitable!
Asking Price: $399,900
Gross Revenue: $615,000
Cash Flow: $174,000
Cash Flow Type: Owner’s Discretionary Earnings
Seller Financing: Significant seller financing available to qualified buyers.
Year Established: This company is 12 years old.
Mgmt. Training/support: Sufficient training will be provided as part of the purchase.
Reason For Selling: Retirement
Market: Seller suggests that the market can support continued growth.
Outlook/Competition: A handful of players make up the competition in the direct market.
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