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For Sale: Specialized Trucking Company - Absentee Run - Washoe County, Nevada

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Asking Price

  • Status: Active

  • Posting ID: 276941

  • 2/8/24

Washoe County Specialized Trucking Company - Absentee Run Business For Sale

Description

This Nevada-based specialized trucking company is a Nevada Limited Liability Company and was established in 1980 as a 1-truck tow company and now has a fleet of over 50 vehicles. They provide heavy haul transportation, excavation removal, asphalt & dirt hauling, water truck usage, and many more services. They have over 50 vehicles which include over 40 tractors and approximately 130 trailers. They have 10-wheelers, water trucks, low beds, end & belly dumps, super dumps, transfers, flat beds, and pilot cars. They also provide chains as part of their specialty services.

This company is also a member of the Specialized Carriers & Rigging Association. They pride themselves on the care and maintenance of their vehicles, having their service department and mobile service trucks. This is a cash-free/debt-free sale. This is an absentee owned business. One of the most valuable assets of this organization outside of its huge fleet of vehicles is its highly diversified and loyal customer base. Growth can be obtained by adding additional customers and assets to the fleet and drivers. Also, expansion geographically on their routes and further marketing and sales efforts could help to grow business. This business is highly scalable, and other transportation services can be added. Their relationship in the marketplace is impeccable.

There are currently other competitors in the market, but this company has an extremely loyal customer base and a great reputation and retention rate. The other competitors (approximately 3 of them) work in conjunction to service the entire market, and there is plenty of work for all parties involved.

The seller is willing to provide training for 4 weeks at 30 hours per week. Additional training from the seller is available beyond what is included in the purchase price at mutually agreed terms between the buyer and seller.

Sellers are willing to carry a note for up to 25% of the purchase price over 7 years at 6% interest. The amount financed will be dependent upon the purchase price of the business and the quality of the buyer.

Key Details:

  • Year Established: 1982
  • Home-Based: No
  • Franchise: No
  • Relocatable: No
  • Required Licenses:
  • Is Property Leased: Yes
  • Real Estate Included: No
  • Real Estate Available: N/A
  • Real Estate Value: Negotiable
  • Part-time Employees: N/A
  • Full-time Employees: 48
  • Building Size: 12,000 sq. ft
  • Monthly Rent: $26,000

Facility: The business operates out of 2 locations in Nevada. The first and main location is on over 3 acres and with a building of 6,000 square feet. The second location has an additional 5 acres with a building of 6,000 square feet. The seller owns both properties and is not going with the sale of the business, but the seller is willing to offer a Right of First Refusal on the sale of both properties to the buyer. The seller is willing to work with the buyer on favorable lease terms. There are licensed and permitted fuel tanks located at both locations.

Financial Information:

  • Asking Price: Negotiable
  • Gross Revenue: $11,566,788
  • Cash Flow: $2,673,790
  • Down Payment: Negotiable
  • Financing: Yes
  • FFE (Included): $13,252,265
  • Inventory: $200,000

CA 02100708
NV 1003039

To get more information about this Specialized Trucking Company - Absentee Run business for sale in Washoe County please phone Adriana Sargent (Intermediary - BRE License #:1003039) at 408-981-7799 Call and 408-9817799 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #276941 on BizBen.com. In addition to phoning Adriana Sargent, make sure you email Adriana Sargent above to get more info about this Specialized Trucking Company - Absentee Run, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02100708. Sunbelt Business Brokers of Sacramento.

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Contact

  1. Name: Adriana Sargent
  2. phone iconPhone: 408-981-7799 Call
  3. phone iconPhone: 408-9817799 Text

Details

  1. Asking Price: Call/Email

  2. Down: Call/Email

  3. Cash Flow: $2,673,790.00

  4. Revenue:    $11,566,788.00

  1. Area: Washoe County

  2. City: None Given

  1. Attributes:

    Broker CooperationAbsentee RunSemi-Absentee RunTraining & SupportOwner/Seller Financing

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