[company name withheld until NDA is signed]
Small, local, owner-operator
trucking company
Caledonia, MI
$199,900
Owner will consider seller-financing
In CURRENT operation and is selling turnkey
(in current operation!)
to a new owner…
and that new owner could be you!
Why is the owner selling? After 17 years, the owner has other interests and possible retirement.
What you get:
- 2000 Kenworth T800 tractor used in daily operations.
- Contract with a very profitable customer (17 years old).
Benefits:
- It’s turnkey. This business is established, making money, and is generating a profit. All you need to do is step in and turn the key.
- Local, not over the road. Be home each night.
- Weekdays, Monday-Friday. You can expand into more hours or days, but for now, this is a Monday to Friday business.
- No working holidays. With the current business, there’s no working on holidays.
- Low level of risk (as compared to other businesses, and has a 17 year running contract with a customer).
- Easily scalable. Have visions for taking on more business? You can! You can take on more business with the existing customer or expand to other customers.
- Transitionary assistance (the owners insist on helping ensure the ongoing success of future owners).
FAQ
- Do you have a fuel surcharge tied to your contract? Yes
- Do you use a customer-supplied trailer? Yes
- How are hours tracked throughout the day/week? It is an honor system, but hours are tracked daily they can be monitored. This tracking takes place weekly. Also, if the truck runs for any time it is counted as a full day rate. Overtime is charged only after the 45 hrs have been reached.
- How is the fuel surcharge calculated after $3.00/gl? Certain formula that is used? If so, what is it specifically? Fuel surcharge has been charged based on Michigan’s current diesel price. So, as a recent example, with .019 over $3 would be 1000 mi / 4mpg x .019= price….
- What are the 9 holidays that are recognized where they do not run this route? Memorial Day, July 4, Thanksgiving, the day after Thanksgiving, Labor Day, Christmas Eve, Christmas, New Years Eve, and New Years. They also typically shut down for 3 days for inventory or more depending on year, they pay for all days down during inventory.
- What happens in the event of sickness or vacation? The contract states that in case of an emergency or planned leave of absence, they will have it covered.
- Do you bill weekly, bi-weekly, monthly? Billing takes place weekly
- What is the Net? (7, 10, 15, 30….)? Net 7
- What is the heaviest load weight? On a typical day, the heaviest I carry is more around upper 20K.
- Locations driving- all Greater Grand Rapids/ West Michigan locations- Muskegon and Hastings, and Grand Haven are the furthest out, otherwise all Grand Rapids, Wyoming, etc.
Questions?
Considering this business opportunity?
Contact Darrell today and let’s get the conversation started.
I can answer any questions you have and connect you to people who can provide the funding for your business purchase…
Or… talk to you about the possibility of the owner financing your purchase for you.