Freight forwarding and trucking business. Long Haul – LTL, US – CAN with building.

Business Description

For over twelve years, this freight forwarding and trucking business has offered cargo transport services, including long haul, LTL as well as heavy and oversized loads, within Canada and the US. With 83% of its revenues coming from the brokerage business and 17% from the trucking business, the company’s portfolio includes clients in a variety of industries such as steel, construction, oil, farming equipment, etc. All the main clients, of which the largest one accounts for less than 17% of the revenues, have been using the services of the business for years.
The price includes a fleet of trucks and trailers with an estimated market value of $439,000, working capital of $219,000 as well as the building where it operates, valued at $400,000.
This is a superb acquisition opportunity for an existing business seeking to extend its service offerings or to expand its geographical market.
At retiring age, the seller retained the services of Sunbelt Business Brokers to find a qualified buyer with the resources to take over and continue growing the business. For information contact Gonzalo Suarez at 514-935-1216 x 107 or by email at [email protected] or Luc Provost at 514-935-1216 x 106 or by email at [email protected]

Details

Business ID: MONC0039
Business Category: Truck Transportation
Location: Quebec, Montreal, Montreal
Financing: Available
Status: New

Financial Information

Asking Price: $ 1,840,000
Gross Revenue: $ 3,863,000
SDE: $ 430,000
FF&E (included): $ 439,000
Inventory: On request
EBITDA: $ 340,000
Down payment: On request
Occupancy Cost: $ 24,000

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