30+ Year Trucking Company - Includes $350,000 in Accounts Receivable

30+ Year Trucking Company - Includes $350,000 in Accounts Receivable Location: Greater Cincinnati
Listing Number: 61132

Financial Information

Asking Price: $550,000
Gross Revenues: $5,100,000
Cash Flow: $250,000
Real Estate: Leased facility

Business Description

The asking price includes $350,000 in accounts receivable, the seller will pay all current payables at closing along with the seller retaining the cash in the company accounts. The retirement aged original owner of this Greater Cincinnati trucking company has a myriad of services that have been offered through the years: air freight cartage, same day delivery, hot shot trucking, express trucking, expedited LTL, exclusive use vehicles, white glove and blanket wrap services.  The company provides expedited transportation solutions at the local, regional, and national levels across the US and Canada.  They operate with primarily company employed drivers and vehicles.  The business is offered as an asset sale purchase, free and clear of debt.  The owner will train in all aspects of the business and will be available to ensure a smooth transition.  Other highlights include:

 

SBA loan eligible

No accounts receivable issues

11,200 SF office, warehouse, and dock space

Transportation Management System software

Employees with total of over 100 years with the company

Over $200,000 in trailers & warehouse equipment

Clean books and records – all numbers are verifiable.