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Details

The Freight Broker service the Company offers to Clients can best be described as is a blend of old school relationships and advanced technological offerings which ease the way goods are being transferred.
With a nation-wide deficit of truck drivers estimated at 80,000 and counting, relationships with carriers, especially owner-operators, are paramount to success in this business.

The Company possesses thousands of these valuable carrier relationships that have been built over the span of nearly twenty years in business that can quite simply “deliver the goods” like few can.

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by broker.

Detailed Information

• 2004 the business was established as a sole proprietorship

• 2014 the business was registered as a Tennessee Limited Liability Company

• Non-compete: spend more time on other business interests

• $6,227,086.73 in Revenue in 2020 (Recast)

• $1,196,216.09 Net Income in 2020 (Recast)

• $7,729,790.17 in Revenue in January 1-November 3, 2021 (Recast)

• $1,603,446.03 in Net Income in January 1-November 3, 2021 (Recast)

• $2MM+ Net Income expected for the full year 2021
No LLC: began November, 2013
Non-compete: spend more time with family and on other business interests
$1,517, 064.29 in sales in 2020
$898,419.28 Cost of Goods Sold
$375,376.26 Net Operating Income
3,360 Sq. Ft. Job Shop

• Monthly lease: business is run entirely virtually of $1050: would increase, but 5-10 years term available (family member)

• 13 weeks and 360 hours – Negotiable period of training/transition consulting at no cost

• Negotiable – 3 year non-compete, 70 mile radius

Financing: TBD if structure and terms are acceptable.

Support & Training: As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.

Reason for Selling: Other business interests

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.