Issue link: http://deals.uberflip.com/i/1433150
Acquisition Opportunity Specialty Trucking Company Providing Flatbed, Refrigerated, and Commodity Transport Midwest Region, US Est. 2021 Revenue: $11.8MM Est. 2021 EBITDA: $1.2MM+ Niche: The Company focuses on specialty commodity transport, either flatbed for atypical load sizes, or specialized equipment; or refrigerated goods, both of which command higher pricing than general freight. Although the Company also hauls general freight, it has constantly built capacity to serve these specialized markets, maintaining favorable margins. Diversified Customer Base: No customer accounted for more than 5% of total revenue in any year during the historical period. The Company actively works with a growing base of 250+ brokers and logistics companies. The diversified customer base ensures that revenues are not adversely affected by any one customer or group of customers. High Quality Asset Base: The fleet is fairly late model, with power units ranging in age from one to five years. The equipment is regularly maintained and cycled out after approximately five years to minimize downtime and maintain continuous operational efficiency. Recurring Revenues: The Company has recurring business in 60% or more of its customer base. Outstanding Growth Opportunities: There is excess demand in the Company's markets that could be immediately captured, with certain equipment and employee inputs. Client # 61807 Sam Oubaid Generational Equity Senior M&A Advisor 888-887-8218 x801 (Tel) 888-550-9379 (Fax) soubaid@generational.com Click_here_to_sign_NDA The Company is a full truckload and LTL carrier, specializing in refrigerated or climate-controlled freight; and flatbed services, applicable to special equipment or atypical shape/sized loads. The service revenue in recent years has comprised flatbed freight revenue (50% of 2020 sales), refrigerated commodities (35%), and trailer rental (15%). The Company has 55 to 60 active units on the road daily, and has continually added equipment and employees in a controlled growth strategy over the last few years. As of 2020, the Company owns 50 power units and 75 trailers, and also utilizes 10 to 15 independent contractor operators with their own equipment. The Company has a 24/7 operation, supported by the Company's team of 18 dispatchers, who operate remotely, actively negotiating or tracking loads throughout the country. DISCLAIMER: All information contained in this document has been provided by the subject company to Generational Equity and while believed to be correct has not been verified. Accordingly, Generational Equity makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that Generational Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Generational Equity of this document. At all times Generational Equity and its affiliate network members is an agent for the seller and not for the buyer. Generational Equity's fees are paid by the seller.