Issue link: http://deals.uberflip.com/i/1334236
Headquartered in the Southwest US Transporta on Brokerage & Logis cs Company Primary Markets: Refrigerated Trailers for Produce Gary Milleson, Senior M&A Advisor Tel: (855) 949-7355 Fax: (972) 392-8564 Email: gmilleson@genera onal.com www.Genera onal.com I www.DealForce.com Est. 2020 Revenue $8,500,000 I Est. 2020 Adj. EBITDA $918,000 Highlighted Investment Considera ons • Established Blue-Chip Clients: The Company works with several of the largest grocery and produce chains in Texas. • Strong Client Rela onships: The Company has strong es to clients due to its industry exper se and excep onal service. Evidenced by the Company's 95% rate of repeat business. • Superior Name and Reputa on: The Company enjoys a long-standing reputa on for its focus on provid- ing high quality service to its customers. Management a ributes its success to its strong reputa on and dedica on to service, which allows the Company to grow its revenue through repeat customers and customer referrals. • Strong Net Working Capital: As of December 31, 2019 the Company's net working capital was 394,000. • Strong Balance Sheet: The Company's current ra o as of December 31, 2019 was 4.5, a strong current ra o is an indica on of the Company's ability to meet short term liability needs. • For more information, please sign the Confidentiality Agreement DISCLAIMER: All informa on contained in this document has been provided by the subject company to Genera onal Equity and while believed to be correct has not been verified. Accordingly, Genera onal Equity makes no representa ons or warran es as to accuracy and truthfulness of such informa on. The recipient hereof acknowledges that Genera onal Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Genera- onal Equity of this document. At all mes Genera onal Equity and its affiliate network members is an agent for the seller and not for the buyer. Genera onal Equity's fees are paid by the seller. The Company provides third-party brokerage and logis c services to grocery chains and wholesale produce suppliers primarily located in Texas. Specifically, the Company brokers the transporta on of produce in refrigerated trailers. The Company maintains a base of approximately 40 customers (30 ac ve in 2020), and over 95% of revenue comes from recurring ac ve customers. The Company operates from a 1,300 square foot office space in Spring, Texas. The facility is leased from an unrelated third party for the fair market rate and can accommodate significantly higher revenues without major facility improvements or capital equipment expenditures. Client #63481