Total of 18659 firms and businesses for sale today Monday 13th May 2024
Sold. Trucking - Ltl Foliage Carrier For Sale In Florida
LISTING DETAILS
Firms For Sale ID:
28143
Vendor reference:
2639
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
Undisclosed
Turnover / revenue:
$23,000,000
Net profit / cashflow:
$2,600,000
Years established:
29
Number of employees:
155
OTHER DETAILS
Reason for selling:
The shareholders have operated the company for 27 years and are now contemplating retirement. They believe that the timing is right for a suitable buyer with sufficient resources to accelerate the company’s growth.
Support and training:
Given an agreeable offer and compensation package, the shareholders are amenable to remaining through a reasonable transition period.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
The Business for sale is a leading full-service transportation company — the largest specialized LTL foliage carrier in Florida. The company offers general freight and foliage transportation in addition to freight brokerage services. The company operates a fleet in excess of 100 tractors and 160 trailers, in addition to utilizing the services of 49 owner-operators. All of the company’s trailers are equipped with air ride; are climate controlled; and utilize custom, adjustable shelving systems to eliminate the need to box foliage cargo
Market / Competition / Non-Competition Agreements
There are compelling opportunities to more effectively leverage the company’s superior reputation and expertise in the foliage transportation niche. A larger fleet and increased sales and marketing would enable the Company to increase its market share (currently 20 percent). Opportunities also exist in expanding geographically.