Business For Sale Listing 154439
Smart, Efficient and Growing Logistics & Trucking
Status as of Nov-22-2008 at 05:59 PM: Off The Market
Business Summary
The Company was established in the mid nineties and had grown from a one person small expedited freight service to a company with over 70+ employees in many locations throughout North Carolina and Virginia. To date the company has revenues of over 12 million US Dollars. Over the course of the last two years, the Company has shown significant earnings and profits, in spite of a down market caused by the sub-prime mortgage crises and the increase in diesel fuel costs. The Company is on pace for significant growth for 2008 and beyond. It owns and operates a fleet of approximately 100+ vehicles which include: trucks, vans, trailers and other warehouse related vehicles. It currently leases warehouse space in excess of one million square feet in North Carolina and Virginia. The Company plans to fuel its growth with purchase, or long term leases in both North Carolina, and Virgina. Its customer base includes fortune 500 companies and unlike many companies in the industry, does not have a single customer that represents more than 11% of its total revenue. Additionally, the ten largest customers only constitute sixty percent of its total revenue. Simply put - a very well run company.
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