Profitable Trucking Company
Sold
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Listing details
Sold As listed until it sold, kept for reference.
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
| Detail | Information |
|---|---|
| Business model | Traditional |
| Legal body | Incorporated |
| Established in | 1986 |
| Financing availableCSBFPThe Canada Small Business Financing Program. A federal program that helps lenders offer loans to small businesses by sharing part of their risk. What it can pay for is set by the program, so ask your lender. | No |
| Last year of completed statements | 2021 |
| % of business selling | 100% |
Premises
| Detail | Information |
|---|---|
| Property | Land 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
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