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Details

Founded 15 years ago, TargetCo provides cross-border long-haul transportation services to a variety of clients. The business has asset-based and brokerage revenue streams.

Revenue: $9 million EBITDA: $1.3M Adj. EBITDA

Revenue Split: 90% FTL/long-haul/x-border, 5% LTL/short-haul, 5% brokerage

Cross-border: Greater Vancouver through I-5 corridor to CA, TX, and other states

Clients: 150+ active clients, including big brand names with long-term agreements

Certifications: All required certifications in good standing, ELD compliant

Safety: Good safety records (both USDOT and BCMOTI)

Equipment: 17 Company trucks, 77 Company Trailers

Drivers: 34 drivers (15 company drivers & 19 owner-operators)

Owners are seeking the sale of 100% business. They are willing to work with a purchaser for a mutually agreed transition period. Approximately 1 year.

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.