Utah Freight Transportation

Business Description

For sale is a 7-year-old freight trucking company based out of Utah that specializes in refrigerated perishables. They have one large client that represents around 40% of revenue and relationships with many other clients and load board brokers.

They have a very new, updated fleet of trucks and trailers that are still under warranty and valued at approximately $2,200,000 with two more trucks and four trailers set for delivery in the next few months.

The owners run the daily operations but there are several key employees who could evolve their roles to take over as Dispatcher and GM to absorb the majority of their duties. Lastly, they are open to seller financing a portion of the deal provided terms align.

Financial Overview

Asking Price: $5,500,000 (Including New Trucks)

Revenue: $3,293,364

Income: $1,643,000 TTM

Multiple: 3.5x

Sign the NDA