HIGHLY PROFITABLE CONTRACT CARRIER (51471)
Location: Michigan > Oakland County
Industry: Transportation > Shipping and Transportation
Financials
Gross Revenue: $8,000,000
Cash Flow: $1,500,000
Cash Flow Comments: EBITDA
Business Summary
This very profitable Company is a freight carrier providing dedicated contract services primarily to the automotive industry across the Midwest. The Company specializes in transporting automotive inbound assembly parts. The long distance road transportation industry has a low concentration, with the top four companies accounting for only 14.3% in 2006.

Transportation services provided include full truckload, multi-stop pickup routes, switching, and shuttling. Switching is providing dock to dock service, dropping off full containers and returning empty trucks to the Company’s facility. Shuttling is a very short route (such as 30 miles), where smaller parts are transported to client facilities.


Sales and marketing for the industry are driven by a bidding process. Freight management companies or lead logistics providers (“LLPs”) typically handle relationships for their major clients, working with firms to establish transportation services. The president and two operations managers handle the majority of the Company’s sales activity.
About the Business
Year Established: 1998
Employees: 69 full time -
Relocatable: Yes
Facilities: 2,000 square foot office and shop leased from a third party at a fair market rate of $24,000 per year. The current lease is set to expire in 2008.
Market Outlook and Competition: •Outstanding growth opportunities: If properly capitalized, the company has numerous prospects for growth opportunities. These prospects include, but are not limited to, the addition of a dedicated salesperson and the expansion into one way freight services
About the Sale
Management Training and Support: While retirement is the ultimate goal for both shareholders, they are willing to remain with the Company on a consulting basis through the transition period and for a period time afterwards.
Reason For Selling: Retirement

List Your Business for Sale | This listing has been viewed 927 times

advertisement
Listing Tools
BizQuest ID:860779
Seller ID:51471
Business Listed By
Name:Jim Hines
Company:Company Connections, Inc.
Recommended Resources
Sponsored Links
The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.