Trucking Company Selling for Less than Asset Value + RE - Business for Sale

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Trucking and Brokerage Company with Real Estate in South Metro-Twin Cities

No Location Specified
Added 2 years ago
Transportation - Trucking and Logistics
40 years in business
Retiring Owner

A 40-year-old trucking company in South Metro-Twin Cities provides transportation of fuel, food, kosher-certified, hazardous and non-hazardous materials, dry goods, and brokerage services, with real estate included in the sale.

Key Information

Asking

$2.2M

Revenue

$6.6M

Earnings

$107K

Multiple

20.5x

Key Highlights

  • Business has been established for 40 years.
  • Company provides transportation of fuel, food, kosher-certified, hazardous and non-hazardous materials, and dry goods, and includes brokerage services.
  • 80-90% of customers are dedicated.
  • Sale includes nearly 3 acres of facility, storage, and parking real estate.
  • Long-term employee drivers make up most of the workforce.
  • Seller cites retirement as the reason for sale.
  • Possible seller financing is available.
  • Buyers should have approximately $2,000,000 available for down payment.

Contact Info

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