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Details

Dec 20, 2017Asset-based transportation carrier offering full-truckload van services and flatbed hauling. Additionally, the company has an established broker operation, allowing it to better serve its customers while increasing capacity.

Key Aspects
· Daily dedicated loads in-place with major customers, providing consistent revenue streams
· Large, diverse customer base which includes several national companies with multiple locations throughout the US
· Operating for over 17 years
· The company operates 29 vans and 21 flatbed trucks
· Long track record of consistent on-time performance
· Major dedicated fleet locations in North Carolina and Texas
· Utilize industry-specific software, Prophesy, to manage loads, carriers, orders, quotes, invoicing, and accounting

Opportunities
· Expand brokerage business by developing consistent freight with customers that the company can broker year-round
· Develop a company website to promote customer awareness and generate new sales leads
· Incorporate long-term sales contracts with major customers
· Increase the company's scope by offering refrigerated and other specialized freight trucking services

Real Estate
The facilities are comprised of 9,700 square feet of shop, warehouse, and office space which includes ten repair bays for maintenance. The real estate is affiliate-owned and can be included in the sale depending on deal structure and strategic fit.

Shareholder/ Owner Objectives
The company is family owned. The father is approaching retirement age, has a limited role in the business, and would like to exit the company. The two sons are both actively involved in the operations
and would remain on with the company to make introductions and ensure a smooth transfer of ownership.

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