Issue link: http://deals.uberflip.com/i/1530979
Trucking Company with 31 Trucks and 41 Trailers Selling for the Value of its Assets - Headquartered in Texas #67875 Sign NDA ► 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. Andre Farahmandi Senior Vice President Email: afarahmandi@generational.com Direct Line: 972-232-1140 Generational Equity 3400 N. Central Expressway, Suite 100, Richardson, TX Fax: 972-392-1124 BUSINESS HIGHLIGHTS The Company is an over-the-road (OTR) trucking company, also known as a long-haul trucking company and is pursuing an acquirer for the value of the Company's assets. The Shareholder also owns the 6,000 square foot facility and 5.25 acre site that's situated next to a large highway and main road in the region. The property includes commercial space used for administrative office support, shop space, and storage space. The land parcel is used for parking the truck and trailer fleet. INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 Company Info > C-Corporation > Founded in the early 1990s > 39 full-time and 2 part-time staff > Provides Services Throughout US > Owns 45 Trailers and 31 Vehicles > In-House Shop Services > Most Trucks have a Rebuilt En- gine INVESTMENT APPEAL • Dependable Asset Base: The Company has always taken good care of its vehicles and trailers, especially since they have their own in-house vehicle services shop. The shop has the ability to provide most any services on vehicles, including installing and replacing engines and transmissions, to simple vehicle maintenance. This has allowed the Company to avoid constantly purchasing new vehicles. • Increasing Property Value: The Company sits on 5.25 acres of land that is owned by the Shareholder. The location is prime in the area, is on a main highway and is close to other major highways. The state of Texas purchased a small portion of the property (.3674 acres) in 2023 as they are expanding the highway. • Serves Diversified Customer Base in Different Industries: Through its network of transportation brokerage firms, the Company delivers goods for customers in multiple industries. This diversification helps ensure that the Company will not be significantly impacted by a slowdown within a single industry. In addition, the Company owns trailers for any customers that require temperature control of products as they are enroute. GROWTH OPPORTUNITIES > Expand Services into Mexi- co > Develop Direct Customer Base > Increase Marketing Value of Assets for Sale Jun-24 Accounts Receivable 86,337 $ Trucks 1,253,000 $ Trailers 2,158,000 $ Buildings 105,939 $ Office and Shop Equipment 45,000 $ Land 2,300,000 $ Total Asset Value 5,948,276 $ Department Employees Compensation Range Office 5 Full-Time (FT)/ 2 Part-Time (PT) $60,000 - $70,000 OTR Truck Drivers 23 FT $50,000 - $60,000 Mechanics 3 FT $50,000 - $60,000 Owner/Operators 7 FT $120,000 - $150,000 Owner 1 FT Compensation Varies* *Owner Compensation based on unadjusted shareholder compensation, per management. Estimated FMV for replacements totals $ 150,000 per year.