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Details - Information last confirmed on June 22, 2021
Broker presents this trucking company focused on work in the oil and gas industry available for acquisition. Most work done by this company is performed by employees of the company, but they also employ several owner-operators. The company has Master Service Agreements in place with dozens of top oil and gas companies in the region. The key aspects of this company are strong management and outside sales team, focus on high quality and safety standards, and lastly, it has an excellent reputation in the region.
The business is currently turning down work to ensure they stayed focused on reliable quality service for their current core customers. They are achieving a direct margin of 34% performing work using their own trucks and a 20% direct margin for work performed by owner-operators. A buyer could grow the top and bottom line by taking advantage of missed opportunities and increase margins by investing in more company owned trucks.
Significant growth opportunities can be discussed after an interested buyer has met financial qualification requirements and signed a confidentiality agreement.
Management is in place and willing to stay on. The owner is selling to focus on other business opportunities but willing to stay on and consult/assist with the new management team for a period following the sale. Companies for sale of this high quality and profitability are hard to find. Act fast before it’s gone.
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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.