Automotive Parts Transportation Company

Business Description

Founded in 2007, this business is a well-established transportation company specializing in the dedicated transportation of automotive parts. Based in the Southeast, it transports parts from tier-one and tier-two supplier to automotive manufacturing plants in the area. Given that this is a business in a niche space serving a very specific industry, they have no local competitors and dominate their market.

Over the years, the company has cultivated long-term relationships with recurring tier-one and tier-two suppliers. All customer relationships are transferable, with contracts that protect pricing and have 90-day termination clauses. The average ROI is $1,000 per truck per day.

The business employs 30 W2 employees, including a VP of Operations (who manages day-to-day operations), an office manager, two office staff members, one shop manager, three in-house mechanics, and 22 drivers. The current owner intends to retire, but his VP of operations would stay on, allowing a buyer to be as active or passive in the business as they desire.

 

2020 2021 2022 2023 2024
Revenue $3,271,123 $4,136,277 $5,220,996 $6,372,333 $6,294,655
SDE $586,743 $708,894 $912,922 $1,316,487 $1,442,422

 

Financial

Asking Price: $5,300,000

Revenue: $6,333,494 (2023 & 2024 Avg)

Income: $1,379,455 (2023 & 2024 Avg)

Multiple: 3.8x

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