Refrigerated trucking company - Own title to trucks and trailers
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.
from University of the District of Columbia in Dallas, TX, USA
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA