Profitable Trucking Company

Fredericton, NB, CanadaTransportation and MobilityBusinessSold

Sold

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Listing details

Sold As listed until it sold, kept for reference.

Revenue (TTM)
$7.5M CAD
Cash flow (SDE)
$3M CAD

Figures as reported by the seller. What is SDE?

Highlights

  • Established in 1986

About this business

As the seller described it while it was for sale.

Growing, growing, growing. Did over $800K in May 2022 (just one month). Added 8 new trucks in the past quarter, now with 27 trucks, 28 trailers and reefer trailers all in good condition. Owner keeps all equipment in tip top shape, nothing is older than 4 years old. As an established and reliable company the owner says they could double the number of trucks on the road but he's ready to retire. Experienced office manager willing to stay.

Covering North America. Serving everything that fits on a flatbed and step deck trailers. (Does not serve hazmat materials).

Contracts in place plus regular and long standing clients over over 30 years. Turnkey operation includes repair shop and experienced on-staff mechanic plus inventory of truck parts, batteries and tires valued at $125k.

Independent professional business valuation at over $10 million.

The owner answers

As the owner answered while it was for sale.

Why are you selling?
Retirement.

Business details

DetailInformation
Business modelTraditional
Legal bodyIncorporated
Established in1986
Financing availableNo
Last year of completed statements2021
% of business selling100%

Premises

DetailInformation
PropertyLand and building included in the sale
Rent/Lease Amount$1 CAD a month

Buyer requirements

Buyer does not need to have experience owning & operating a business or franchise.

Buyer does not need specific industry experience.

Location

Fredericton, NB, Canada

Listed February 16, 2022 · Last updated October 13, 2022 · Listing ID #2956

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