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 |