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Businesses For Sale

Highly Successful Trucking Service in Metro Houston Area For Sale - Property Available for Lease or Purchase

Listing Agent:


Marcia Bowron

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Available

Listing: # 8202

Price: $ 2,500,000

Location: Houston

Listing Profile

Classification:

Service Business

Purchase Price: $2,500,000
Real Estate Price: $0
Working Capital: $0
Total Investment: $2,500,000
Down Payment Required: $500,000
Gross Revenue: $2,232,213
Discretionary Earnings: $762,253
Imputed Rent: $0
Total Cash Flow: $0

Description and Operations


Established Date: 2012
Monthly Rent: $1,500
Reason for Sale: Wants to spend time with children after having accomplished business growth goals.
Employees(Full): 5
Employees(P/T): 1

Reason for Sale:
Wants to spend time with children after having accomplished business growth goals.


Description:
Highly successful trucking service company in metro Houston area available for acquisition. Established originally in 2012 with 4 trucks, they have grown to 11 trucks and 15 trailers currently. From 2014 – 2016 the company withstood one of the biggest downturns in the oil and gas industry and was actually profitable during that time period, while a number of competitors went out of business. They have performed the same again during the most recent O&G downturn and Covid 19 – remaining profitable. Over the past few years, they have shown solid, consistent performance. The company’s reputation has been built by the exceptional customer service provided by their outstanding drivers. They experience very low turnover of drivers in an industry that may typically be hard to staff. Hiring a qualified Manager would enable new owner to focus on meeting operational expansion needs as they are currently back to turning down work daily since they cannot handle all the loads. Prior to the most recent downturn, they were operating 13 trucks and over the last 1.5 years cut back to 4 operating trucks and are now back up to 9 trucks operating. Over 65% of business is from repeat customers. They have 28 MSA’s and over 60 customers. They help keep their customer’s production jobs flowing efficiently and haul equipment to and from locations. Their trucks are available 24 hours a day, seven days a week throughout the entire service area.

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