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Transportation Company
The company specializes in providing transportation services throughout Western Canada and the United States. It has flat deck, dry van, and logistics capabilities. The company's drivers are a mix of company employees, and owner operators.
Historically, the company has paid very generous dividends. Average dividends during the past five years have been 8% of revenue. An acquirer with growth ambitions could repurpose this cash flow to fund expansion and scale the business.
Fixed assets included in the asking price are the company's trucks and trailers. Combined, these assets have an estimated market value of $1.2MM. Intangible assets include the company's client lists, and CBSA bonded carriers.
This business is located approximately 2 hours west of Winnipeg.
Asking price is $2.2M, plus Working Capital estimated at $350,000.
Listed By: Steven Beal
Background information
Reference:
140298
Year established:
1999
Reason selling:
Retirement
Finance
Sales:
$5,825,000
Profits:
$605,000
Profit type:
EBITDA
Operations
Employees:
15 Full-Time Owner Operator Drivers
Price and terms
Price:
$2,200,000