Refrigerated trucking company - Own title to trucks and trailers

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December 19, 2024

by a searcher from Brigham Young University in Provo, UT, USA

Looking for a 2 million dollar investment. Own title to 10 semi trucks and trailers worth 1.4 million. Get paid back within 3 years. Acquiring a Southern Utah-based trucking business that has been operating successfully for 10 years. It specializes in freight transportation and has built a strong partnership with a single, key customer—the largest chicken-related distributor in the nation. This customer, who accounts for 80% of the company's revenue, is currently in the process of building another facility, indicating potential for increased demand and future growth opportunities. Current customer wants to double current routes. The business operates a fleet of 10 semi-trucks and trailers valued at approximately $1.5 million and generates just under $1 million in annual profits. Investors will hold title to assets, including trucks and trailers valued at $1.5 million. Of the $2 million loan needed, $1.5 million can be structured as an equipment financing loan, to be repaid within 3-5 years at 7% interest.
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Reply by a professional
from University of the District of Columbia in Dallas, TX, USA
Brandon - We have 10-year payback schedules instead of three you are suggesting. This deal is not only achievable but also highly attractive. I’m confident we can make this happen and see great returns within the outlined timeframe.
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Reply by a lender
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
I would be happy to have a discussion and go through options. You can reach me here or directly at redacted
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